Peshawar: NAB Khyber Pakhtunkhwa today arrested Qazi Mohammad Naeem of Islamic Investment Company Limited who in the garb of Islamic mode of business i.e. Mudaraba / Musharaka Business allegedly cheated public at large and looted millions of rupees from innocent people fraudulently.
During the course of inquiry it was revealed that the accused person lured general public to invest their hard earned money in their fake company with the name of Islamic Investment Company Ltd on the promise that they would be paid huge profit on their investment.
The accused person after few months not only stopped paying profits but also refused to pay back original invested money of innocent people and disappeared from the scene. As per details, NAB Khyber Pakhtunkhwa received claims upto Rs.47.11 Million against accused so far.
It worth mentioning here that, Zeeshan Firdous of Islamic Investment (Pvt) Ltd had already arrested and presently in judicial lock-up, further arrests are on card.
The accused will be produced before Accountability Court Peshawar for obtaining his physical remand. Any person who has any claims against Islamic Investment Company Ltd is requested to submit their claims with relevant documents to NAB Khyber Pakhtunkhwa, PDA Complex, Block – III, Phase – V, Hayatabad Peshawar without any delay.
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