NAB KP arrests Abdul Basit of Islamic Investment Company Ltd
Chitral Times Report
NAB Khyber Pakhtunkhwa today arrested Abdul Basit (absconder)
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
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 is worth mentioning here that, Zeeshan Firdoos, Qazi Muhammad
Abu Bakar and Qazi Muhammad Naeem of Islamic Investment (Pvt) Ltd
had already been arrested and presently in judicial lock-up,
further arrests are on card.
A reference against the accused persons had already been filed in
the Accountability Court. 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.