NAB distributes Rs 32.2m among `Double Shah' scam victims | Posterous.Com




LAHORE: The Punjab National Accountability Bureau (NAB) Thursday distributed Rs 32.2 million among 250 victims of Tasawar Hussain Gillani involved in `Double Shah' scam.

NAB Director General Khurshid Anwar Bhindar distributed cheques in a ceremony held here.
He said, accused Tasawar Hussain Gillani initially worked as a partner of Double Shah, but subsequently he formed a seperate group and looted Rs 1932.74 million directly from people through agents. "NAB Punjab after taking the cognizance of Double Shah scam arrested all members of five groups active in the scam including Tasawar Hussian Gilani group and recovered Rs 1193.5 million," said Bhinder.

He said, accused Tasawar Hussain Gilani and his accompliances had been convicted by the accountability court.
Bhindar said that the scandal mastermind, Syed Sibtul Hassan Gilani too, had been convicted by the accountability court and sentenced to 14 years jail along with a fine of Rs 5.43 billion and confiscation of his all properties.
He said that Rs 486.38 million have so far been distributed include 100 percent payment to 3218 claimants and 50 percent to 3241 claimants while disbursement of the balance amount was in progress.

DG NAB further said that huge deposits, which Double Shah had shifted to Dubai, were likely to be recovered as talks with UAE Governments were under way in this connection.

Copyright APP (Associated Press of Pakistan), 2012

0 comments:

Post a Comment

Powered By Blogger

About this blog

About Me

Followers

Blog Archive

Powered by Blogger.