Fake bank accounts case: Alleged benamidar Tariq files plea against freezing shares
The benamidar said that the order of freezing the shares is against the law.
ISLAMABAD (Dunya News) – As per latest development in fake bank accounts case against Senate Deputy Chairman Saleem Mandviwalla, alleged benamidar Tariq Mahmood on Tuesday has raised objection over freezing his shares.
During the hearing, the benamidar said that the order of freezing the shares is against the law.
Accountability court has issued notice to National Accountability Bureau (NAB) to submit its reply till December 18 and adjourned the hearing.
Earlier, the anti-graft watchdog said that Former MD PIA Ejaz Haroon had illegally allotted 12 plots. Saleem Mandviwalla and Ejaz Haroon made a suspicious deal with Abdul Ghani Majeed, receiving Rs 140 million from a fake account with Rs 80 million going to Ejaz Haroon and Rs 60 million to Saleem Mandviwalla.
Saleem Mandviwalla used the account of Mandviwalla Builders to conceal the received money. When NAB started investigating the matter, an attempt was made to show the corruption money as a loan.
Saleem Mandviwalla used the money to buy plots in the name of his employee Abdul Qadir Shawani, NAB stated.
NAB said that Saleem Mandviwalla sold the plots and bought shares in the name of another employee with the same amount. He bought 3 million shares of Mangla View for Rs 30 million in the name of the employee with his own signature.
It said that Tariq, an employee of Saleem Mandviwalla, who owns millions of shares, is actually a benamidar. Instead of responding to the allegations, Saleem Mandviwalla was hiding behind the business community, NAB said.
