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NAB will get 14-day remand of actual property tycoon in fraud case

MULTAN: An accountability courtroom right here on Tuesday granted 14-day bodily remand of actual property tycoon and Ali Associates Managing Director Sheikh Shahid Jamal in a case pertaining to Rs7.71 billion fraud.

The corruption watchdog arrested the accused final evening on a grievance in opposition to the house owners of a housing scheme in Multan. A NAB workforce produced him earlier than the courtroom to acquire his remand right now.

In the meantime, a workforce of the bureau raided Jamal’s residence to search for proof in reference to the fraud.

In response to a spokesperson for the NAB, the bureau had search warrants for the aim.

Shahid Jamal has been accused of dishonest folks by launching unlawful housing initiatives.

The NAB is presently investigating 5 unlawful housing initiatives, involving roughly Rs7.71 billion.

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