Peshawar: Director General NAB Khyber Pakhtunkhwa ordered freezing of properties of accused Afzal Khaliq alias Double Shah of A.K. Forex Private Limited Wah Cantt who in the garb of Islamic mode of financing i.e. Mudariba / Musharika Business allegedly cheated public at large and looted billions of rupees from innocent people fraudulently through his agents. Furthermore, the geography of the affectees ranges from remote area of Khyber Pakhtunkhwa to central Punjab. The estimated cost of the properties is Rs.1.5 Billion.
During the course of physical remand the accused revealed the following properties in the name of Afzal Khaliq and his banamidar Mohammad Naveed Akhtar.
1. Edible Oil Extraction Limited, Company Bahawalpur existing on 120 Kanal Land.
2. 31 Kanal and 12 Marla land in Rawalpindi & Taxila.
3. 795 Kanal and 1 Marla Land in Rajanpur, Punjab Province.
4. 57 Kanal and 14 Maral land in Sailkot.
The accused Afzal Khaliq Double Shah had already been arrested and presently in Central Jail Peshawar.