— File Photo by APP

ISLAMABAD: A special provincial anti-corruption court, hearing the case over a multi-billion-ruppee scam in the National Insurance Company scam, issued on Monday non-bailable arrest warrants against seven accused in the case including former federal minister for commerce Makhdoom Muhammad Amin Fahim, DawnNews reported.

Other accused in the case include former federal commerce secretary Salman Ghani, Amin Qasim Dada and Javed Saeed (directors of NICL) and Khalid Anwar Khan.

All accused were booked for allegedly causing huge financial losses to the exchequer by violating rules in the selling a piece of land in Korangi area in Karachi.

The court issued arrest warrants against the Senior Pakistan Peoples Party (PPP) leader and six others which were non-bailable until April 12.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...