Investment scandal: Two more accused in Modaraba scam held
The country’s top anti-graft body arrested two more accused of cheating public and depriving them of their hard-earned money in the multi-billion rupee Modaraba scam. The National Accountability Bureau (NAB) Rawalpindi circle on Saturday arrested Mufti Muhammad Idrees and Abdul Malik Bajouri, directors of Fayazi Gujranwala Industries. The accused deprived various gullible individuals of Rs8.2 billion by wooing them into investing in the scheme for attractive profits. The NAB has so far arrested 34 accused, including Mufti Muhammad Ehsanul Haq, CEO of the Fayazi Gujranwala Industries and recovered Rs1.73 billion from them.
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