12 Jul '18, 5am

NAB recovers assets worth Rs1.3 billion from Mushtaq Raisani

The National Accountability Bureau (NAB) on Wednesday recovered assets worth Rs1.3 billion from former Balochistan finance secretary Mushtaq Raisani, sources informed Geo News . In May 2016, NAB officials raided Raisani’s office and formally placed him under arrest. They also raided his residence and seized Rs730 million in cash and jewellery worth nearly Rs40 million. Further investigations revealed that the finance secretary also possessed valuable illegal properties in Karachi’s Defence Housing Authority. Raisani was taken into custody on May 6, 2016, three days later on May 9, NAB arrested government official Sohail Majeed for allegedly facilitating Raisani in his crimes. According to information received from sources, the assets recovered from Raisani were obtained through corrupt practices. Speaking in Quetta earlier today, Chairman NAB Justice (retired) Javed Iqbal ...

Full article: https://defence.pk/pdf/threads/nab-recovers-assets-worth-...

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