KARACHI: Hearing in Naya Daur Motors case adjourned
KARACHI, Oct 2: The Accountability Court No. II adjourned the hearing of Reference No 07/2004 against Abdul Qadir Tawakkal and others till Oct 9 due to the death of the defence counsel.
The accused in the case are Abdul Qadir, Noor Qadir Tawakkal, the former Chief Executive Director of M/s Naya Daur Motors Ltd, Mohammad Rafiq Tawakkal, Mohammad Farid Tawakkal, director M/s Naya Daur Motors Ltd, and Mohammad Farooq Tawakkal.
According to a NAB press statement, during the period from Dec 29, 1994 to March 20, 1995, the Naya Daur Motors Ltd (NDML), through media advertisements, invited members of the public, including banks and development financial institutions, to book KIA Pride vehicles through seventeen authorised dealers based in Karachi, Hyderabad, Quetta, Multan, Lahore, Rawalpindi, Islamabad, Peshawar, Mingora and Azad Kashmir.
Under the scheme, the NDML collected Rs852.43 million through the booking of 16, 120 cars. The down payment for a standard model was fixed at Rs39, 000 and Rs49, 000 for an air-conditioned model and the company also received full payment for 645 units at the rate of Rs300, 000 per unit.
The accused, against the booking of 16, 120 units, supplied only 1, 252 cars and thus misappropriated/cheated the public at of an amount of Rs753.687 million.
Bank defaulter
The same court adjourned the hearing of Reference No 12/2007 against Saddaruddin Ganji and Hashim Ghanji till Oct 20 after the investigation officer filed an application seeking some time to gather the details of the property of the absconding accused in the case, Hashim Ganji.
According to a NAB statement, the accused had availed financial facilities from Allied Bank Limited during the year 1996 in the form of a letter of credit for the import of Palm Oil and did not repay the amount as per the agreement and committed wilful default of Rs1, 122.63 million.
Corruption charges
The hearing in Reference No 19/2006 against DSP M. Ayaz Khan has also been adjourned till Oct 6 after recording the examination-in-chief of the prosecution witness. Due to the absence of the defence counsel, cross examination of the witness was reserved in the interest of justice.
According to a NAB statement, the accused had joined the police service in 1972 as an ASI and during the period from 1985 to 2003 he acquired wealth and assets in the shape of movable as well as immovable properties.
During this period the accused earned Rs1.435 million while his expenditure stood at Rs8.939 million including the expenses on the purchase of properties/assets, household expenses, foreign luxury trips with family and payments of their credit cards’ dues.
The total expenditure of the accused exceeded his total income by Rs7, 504, 748.
The police personnel is accused of having acquired two immovable properties and a car besides operating five bank accounts in his as well as in the name of his close relatives.
The same court also adjourned the hearing of a reference against Saleem Ahmed Gujjar till Oct 16. Mr Gujjar is accused of having accumulated assets worth Rs15.092 million beyond known sources of income. As per the directives of the high court, the IO submitted copies of statement recorded by the previous IO.—APP
