NAB arrests former Hyderabad bureaucrat for stealing billions
31
The National Accountability Bureau on Friday arrested Mushtaq Ahmed Shaikh, former additional district account officer Hyderabad, for embezzling millions of state funds, said a statement released by the bureau.
The arrest was made on information provided by a former police constable and his son who were arrested earlier by NAB for stealing billions of tax payers’ money.
A search operation was conducted by the accountability bureau at Shaikh’s residences, farmhouse and places of illegal business, added the statement released by NAB.
“Several properties worth over Rs 1 billion were found to be in possession of the accused person that have been acquired and accumulated from proceeds of offences of corruption and embezzlement of government funds,” said NAB.
The properties were owned in names of his relatives, his name and anonymously.
Recoveries made by NAB
- Rs17.3 million in cash including prize bonds
- 37,016 Saudi Riyals
- Approximately 3 kilogrammes of gold
- Ownership documents of nine vehicles
- Recovered vehicles include a Toyota Land Cruiser Prado, Toyota Corolla and Honda Civic
- Documents of two bungalows in DHA Karachi
- Documents of two plots in DHA Karachi
Gold recovered by NAB. -DawnNews - Documents of two plots in Bahria Karachi
- Two houses in Hala, district Hyderabad
- Farmhouse on 45 acres and millions in livestock
- 200 acres of agriculture land in Hala, district Hyderabad
- Three houses in Qasimabad area of Hyderabad
- Two apartments in Hyderabad
- Saving certificates worth Rs100,000
- Documents of investment in Emaar Karachi
- At least 31 cheque books of various accounts
- Hundreds of treasury bills
Shaikh is also facing trial in a separate NAB reference filed in December 2016. The case pertains to embezzlement of government funds due to misuse of authority, further added the NAB statement.
Initial investigations by NAB have revealed that the accused, while in service, misused his authority by preparing fake bills in favour of bogus beneficiaries.
"The interrogation has also revealed that the accused, even after his retirement, has been operating privately as facilitator in consideration of kickbacks and commissions; and has continued with his corrupt practice."
Read more
On DawnNews
Comments (31) Closed
Mar 11, 2017 11:16pm
Again a small fish.
Recommend
0
Mar 11, 2017 11:19pm
Another relatively "low profile" case. Plea bargain will rescue him again.. Still better than nothing. But I am still waiting to see real big fish brought to books.
Recommend
0
Mar 11, 2017 11:28pm
So the Father-Son Constables from Hyderabad spilled the beans. Lets see how far the "Rabbit Hole" goes.
Recommend
0
Mar 12, 2017 12:01am
He should atleast spend some time behind bars! Anything less than that would be a travesty of justice!
Recommend
0
Mar 12, 2017 12:05am
What a an evil genius!
Recommend
0
Mar 12, 2017 12:15am
One cannot make billions in a year or two..
Recommend
0
Mar 12, 2017 12:19am
This throw this excuse of a human being in jail forever.
Recommend
0
Mar 12, 2017 12:39am
Money looted duribg the Golden era of Qaim ali Shah and Asif Zardari. NAB should strip all previous and currebt office bearers
Recommend
0
Mar 12, 2017 01:15am
Imagine an ordinary accountant looted this amount of money,what about the politicians how much demage they have done to Pakistan, unimaginable.....
Recommend
0
Mar 12, 2017 01:39am
Well that corruptor should not be worried because plea bargain hai na. Simply pay some percentage and legalize the looted public money.
Recommend
0
Mar 12, 2017 01:52am
Pay 10 percent in plea bargain, get acquitted honourably and start plundering national wealth again.
Recommend
0
Mar 12, 2017 01:56am
Good Job it seems after SC visit Chairman has started working for real..
Recommend
0
Mar 12, 2017 02:04am
"Dead" NAB in action....in a country where Prime Minister down to the most junior of government servants have unaccounted for plots, houses, bank accounts, vehicles, assets etc the only way forward is ruthless accountability from top to bottom led by the Supreme Court....enough plundering has taken place already & now every looter should be held accountable.....
Recommend
0
Mar 12, 2017 02:09am
Poor chap; too much of fuss for only this little fun!!
Recommend
0
Mar 12, 2017 02:10am
you can't write a story saying the corrupt get away with it and then write a story claiming one was arrested. they don't jive.
lol
Recommend
0
Mar 12, 2017 02:15am
NAB did good work nabbing this corrupt official, but please "no" plea bargaining. Send him to the locker for the rest of his life, so its a lesson for others, that there is zero tolerance on corruption, which is destroying the nation. No one can be above the law.
Recommend
0
Mar 12, 2017 02:49am
in a few days....everything will settle down...........same story will repeat itself
after few years....and the show will go on and on....
WAKE UP COUNTRYMEN
Recommend
0
Mar 12, 2017 03:14am
When one relative unknown person can steal 1 billion then I can only imagine what the top people are stealing. No wonder politics has become family business in it self: the returns must be huge.
Recommend
0
Mar 12, 2017 03:43am
This is the story of almost every district accounts officer in Sindh, only one has been caught so far
Recommend
0
Mar 12, 2017 04:01am
I am not surprised at all. Now the situation is like someone is caught this makes me surprise.
Recommend
0
Mar 12, 2017 04:30am
Still think NAB actions are whitewash, and waste of money on this department, unless big fishes are caught to bring money back from foreign accounts. With NADRA database houses and cars registered can be easily traceable to family members, if not owned by themselves. Any one around big fishes accounts needs to be tracked locally and offshore.
I guess instead using army resources on census, use them to help NAB to track the big fishes.
Recommend
0
Mar 12, 2017 04:46am
Just imagine if this person has billions via corruption then what about ..........
God help Pakistan
Recommend
0
Mar 12, 2017 04:53am
Mind numbing and shameful. Will he now enter plea bargain and go scot free and before that he will be helped by friendly government officials who will help him to transfer all his ill begotten gains to his friends and family. This is what goes for justice in Pakistan.
Does anyone know where the $ girls is now?
Recommend
0
Mar 12, 2017 05:05am
Relax every one... He will be free after settlement with NAB.
Recommend
0
Mar 12, 2017 05:18am
Job well done in this particular case. What about other blatant embezzlement of government funds due to misuse of authority by infinite number of people at the helm of government affairs. If NAB works honstly and independantly they (NAB) will unearth trillion of Rupees assets for the benefit of Pakistan.
Recommend
0
Mar 12, 2017 06:20am
So what, he will be released after "plea-bargain"! This is just a drama...
Recommend
0
Mar 12, 2017 06:30am
he must be punished for his corrupt deeds and be a example for others to keep themselves away from such ugly practice which ultimately take them to hot waters.
Recommend
0
Mar 12, 2017 07:58am
It is so obvious that suddenly those already in the knowledge of NAB are being picked. There must be some pressure from somebody.
Recommend
0
Mar 12, 2017 08:43am
If the former bureaucrat has strong political backing he will be let off the hook by paying peanuts the NAB out of the billions he stole.
Recommend
0
Mar 12, 2017 10:30am
waoo amazing corruption is a relatively small city,, just imagine the scale in Karachi,,
Recommend
0
Mar 12, 2017 03:48pm
@sheikh.you are right
Recommend
0
