PESHAWAR: The Accountability Court in Peshawar on Saturday sent the main accused of the Upper Kohistan financial scandal, Qaiser Iqbal, and his wife to jail on a 14-day judicial remand.
The main accused of the Upper Kohistan financial scandal, Qaiser Iqbal, and his wife were presented to the accountability court in Peshawar.
According to the investigation officer, Qaiser Iqbal and his wife are accused of embezzling Rs34 billion.
During the first raids, Rs 14 billion was recovered, and later on, another Rs 200 million was also recovered from the house. The recovery includes gold, expensive vehicles, and other valuable assets. The money was hidden in coloured boxes, which were identified by his arrested wife.
Accountability Court Judge Amjad Zia ordered to send both accused to jail on a 14-day judicial remand.
Following the court’s decision, both husband and wife have been transferred to jail on judicial remand.
According to the National Accountability Bureau (NAB), Qaiser Iqbal was posted as a clerk and later as head clerk in the C &W Department, Upper Kohistan, from August 2013. During this time, he allegedly played a central role in illegally withdrawing money from the government treasury by preparing fake documents.
Read also: Court rejects bail of prime accuse Gul Rahman in Kohistan financial scandal
PESHAWAR: The accountability court in Peshawar rejected the bail application of Gul Rehman, the main accused in the Upper Kohistan scandal, and ordered send him to Jail.
The accountability court heard the bail application of Gul Rehman, the main accused in the Upper Kohistan scandal and the cashier of the National Bank Dasu branch. The NAB prosecutor took the position that the accused Gul Rehman, along with his brother Muhammad Nawaz and his accomplice Muhammad Yahya, made illegal transactions and transferred money from the national treasury to private accounts by issuing checks without verification. According to the prosecutor, Gul Rehman’s role in this scandal was very important and he made transactions of Rs 361 million in specific accounts. The NAB team conducted an operation in Abbottabad yesterday and made an arrest in a corruption case of more than Rs 36 billion from a government account.
