ISLAMABAD: The investigation into the alleged multi-billion rupee petrol investment scam in Islamabad has taken a fresh turn after the main accused reportedly made new claims regarding the financial structure of the business.
According to statements attributed to the accused, Adil Ikram, another individual, Bilal Azam, was allegedly the principal business partner and provided a significant portion of the capital used in the petroleum-related ventures.
The claims have prompted renewed public attention and are expected to be examined as part of the ongoing investigation.
The case revolves around allegations that investors were persuaded to invest in petrol pump and petroleum projects with promises of substantial returns.
Numerous investors have claimed they suffered significant financial losses after the projects allegedly failed to deliver the promised profits.
The latest allegations have shifted attention toward the alleged financial network behind the business, with investigators expected to examine the flow of funds, ownership structures, and any potential role of financial intermediaries or frontmen.
Authorities have not publicly confirmed the accused’s claims, and the allegations remain subject to investigation.
The case has attracted widespread public interest, with affected investors urging authorities to ensure accountability and facilitate the recovery of their investments. Meanwhile, investigative agencies continue
