LAHORE: The National Accountability Bureau (NAB) on Thursday arrested a former inspector of the Punjab Excise and Taxation Department and recovered Rs330m cash and prize bonds from his house.

According to NAB Lahore, investigation proceedings were conducted against Khwaja Waseem, a former BPS-16 official, in income beyond means case.

“Waseem, being a public office-holder, amassed huge assets, disproportionate to his known sources of income. He had properties and bank accounts worth Rs227m in his own name and Rs191m cash and prize bonds in his spouse’s name. Furthermore, the accused also availed amnesty scheme in 2018 to whiten his ill-gotten money whereas, being the public office-holder, the same was not entitled for the Amnesty Scheme 2018,” it said.

The suspect also received foreign remittances of Rs221m in his bank accounts during 2013-2017, which he could not justify.

On Thursday, a NAB team raided the residence of Waseem in the city and recovered Rs330m cash and prize bonds.

NAB also obtained physical remand of Khawaja Waseem for 14 days from the accountability court.

ACE: The Anti-Corruption Establishment (ACE) has unearthed Rs51.4m scam in the Punjab Workers Welfare Board (PWWB), an attached department of Labour and Human Resource Department of the Punjab government.

According to the ACE, it arrested all suspects – Shahzad Akhtar Baig, the former director Finance, Ejazur Rehman, the deputy director Admn, Tahir Masood, the assistant computer programmer, and two junior clerks Jamshed and Saleem – on charge of embezzling Rs51.4m in the name of fictitious colleges with fake credentials and documents of the ghost students from the PWWB.

FIA: The Federal Investigation Agency (FIA) has arrested Tariq Ajmal in Bahawalpur for misappropriating Rs40m by tampering with bank deposit slips of the complainant’s account of the branch of a private bank on Circular Road, Bahawalpur in connivance with bank officials.

Published in Dawn, September 11th, 2020