LAHORE: An accountability court on Friday remanded a former nazim and Formanites Housing Scheme owner Zahoor Wattoo in six-day physical custody of the National Accountability Bureau (NAB) for investigation of Rs1.5 billion fraud.

The NAB officials produced the suspect before the court and sought his physical remand for investigation of the case.

The investigating officer told the court that Zahoot Wattoo, also a co-owner of a private news channel, and others deprived public at large of their hard-earned money invested in the housing scheme.

He said the bureau received over 1,000 complaints against the Formanites Housing Scheme for selling non-existent plots. The officer said the custody of the suspect was required to complete investigation of the case and recovery of the looted money.

The court accepted the request and granted six-day physical remand of the suspect. The court directed the NAB to produce the suspect again on Oct 14.

ZAIN MURDER: Three more prosecution witnesses on Friday recorded their statements before an anti-terrorism court in the Zain murder case and denied having witnessed Mustafa Kanju, son of former state minister Siddique Kanju, allegedly killing the young man.

Witnesses Ashraf, Arshad and Sakhawat told the court they were present on the crime scene and did not see any suspect.

The court adjourned hearing till Oct 12, and directed the prosecution to produce more witnesses.

The complainant of the case and eight other witnesses had already refused to identify Mustafa Kanju as the killer of Zain.

Published in Dawn, October 10th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Opinion

Editorial

Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...
Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...