Two of Bank of Punjab scam accused arrested in Malaysia - Printable Version +- Pakistan Real Estate Times - Pakistan Property News (https://www.pakrealestatetimes.com) +-- Forum: Pakistan Real Estate / Property News (/forumdisplay.php?fid=1) +--- Forum: Latest Pakistan Property & Economic News (/forumdisplay.php?fid=4) +--- Thread: Two of Bank of Punjab scam accused arrested in Malaysia (/showthread.php?tid=8833)

Two of Bank of Punjab scam accused arrested in Malaysia - Naveed Yaseen - 11-17-2009 08:26 AM LAHORE: A team of the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) has arrested Haris Steel Mill owner Sheikh M Afzal and his son Sheikh Haris from Malaysia with the help of Interpol and Malaysian police. According to an Aaj Kal report, the accused were wanted in the Rs 9 billion Bank of Punjab fraud case, and the team also traced assets worth Rs 3.5 billion owned by the accused in Dubai and Malaysia. According to sources, the accused are presently being kept in the Pakistani embassy in Kuala Lumpur and arrangements are being made to bring them to Pakistan. According to the NAB sources, various accounts operated by the accused in Dubai and Malaysia have been unearthed with deposits worth Rs 1.5 billion. The sources told Aaj Kal that the FIA team raided a hotel in Kuala Lumpur and arrested Afzal and his son. It also came to light during the investigations that the accused had transferred money abroad from Pakistan through two forex companies. Afzal is also accused of fleeing abroad despite the fact that his name had been placed on the Exit Control List. The FIA has arrested a constable, Hafiz Tariq Mehmood, for helping Afzal flee to Dubai on an Emirates Airline flight from the Lahore airport. aaj kal report http://www.dailytimes.com.pk/default.asp?page=2009\11\17\story_17-11-2009_pg7_11