NAB Rawalpindi arrests accused involved in Modarba scam

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Islamabad, March 4 (TNS): NAB Rawalpindi has arrested Yasir Aziz accused of billions of rupees in Modarba case on the charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment, the watchdog said in the statement released here on Sunday.

As per press release, the accused is actively involved in cheating the public at large in the poly crime of taking money from people for investment.

The accused acted as finance secretary of M/s Elixir Group and signed the modarbat namas issued by the director Shahid Aziz(real brother of accused Yasir Aziz). The members of public at large alleged in their claims that the accused Yasir Aziz took the investment and aided his real brother to misappropriate the money. The accused Yasir Aziz also tried to sell the properties owned by the accused Shahid Aziz.

Director General NAB Rawalpindi Irfan Naeem Mangi has said that the NAB is committed to eradicate corruption from the country under the dynamic leadership of Chairman NAB Honourable Justice Mr. Javed Iqbal so that the motherland could achieve the dream of Corruption free Pakistan as NAB strongly believes Accountability for All” Policy against Corruption.