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Fraudulent loans: NAB arrests two

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LAHORE: National Accountability Bureau’s (NAB) Punjab chapter on Sunday arrested one, Imran Rafiq, over fraudulently obtaining a loan of Rs20 million.

Zahid Iqbal, the NAB Punjab Awareness and Prevention Wing deputy director, said an accountability court had granted them his physical remand.

In another case, Hameed Akhtar, owner of Al-Ameen Traders Faisalabad, was arrested over fraudulently obtaining a Rs2.4 million loan from United Bank Limited, Kutchery Branch, in Faisalabad.

Akhtar will be presented before an accountability court on Monday (today).

Published in The Express Tribune, April 8th, 2013.



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