NAB issues arrest warrant for business tycoon
- By Farooq Sami -
- Feb 06, 2019
KARACHI: Chairman National Accountability Bureau (NAB) Justice (R) Javed Iqbal on Wednesday issued arrest warrant for business tycoon, ARY News reported.
The NAB said the business tycoon had illegally bought a plot in Nehr Khyam area of Clifton, Karachi.
The anti-graft body said the suspect had inflicted loss upon the national exchequer by illegitimately allotting the plot.
A banking court on January 19 had issued a notice to the Federal Investigation Agency (FIA) on an application filed by the group tycoon and his son seeking post-arrest bail in the case
The court had directed FIA to submit its response to the bail plea.
The applicants through their counsel had contended before the court that the agency had failed to produce evidence to corroborate charges against them. “FIA has been taking action against us on political basis.” They, therefore, pleaded to the court to grant them bail.
PPP Co-Chairperson Asif Ali Zardari, his sister Faryal Talpur and others are facing a probe into the corruption case.