ISLAMABAD: The National Accountability Bureau (NAB), Rawalpindi, filed a supplementary reference on Monday regarding the Rs7.5 billion Modaraba — a mode of Islamic investment — scam unearthed last year.
The supplementary reference was filed in Accountability Court Rawalpindi against Mufti Ehsanul Haq, the chief executive officer of Fayyazi Industries Gujranwala, and 35 others on charges of corruption, corrupt practices and cheating the public at large.
The regional bureau has received more than 9,100 claims in the case.
Talking to Dawn, NAB spokesman Mohammad Irfan said the supplementary reference had been filed because more affected people had come forward and filed their claims.
He said the number of the accused had been increased as 29 more accused had been enlisted in the supplementary reference.
“The filing of supplementary reference was necessary to expand the scope of investigation and accommodate those victims who recently contacted NAB and informed it that they had also invested in this Modaraba,” he said.
The NAB official said newly enrolled 1,100 victims had invested an amount of over Rs1bn in the business.
Published in Dawn, October 21st , 2014
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