Pakistan

NAB arrests firm’s director involved in billions of rupees scam

Published by
Web Desk

ISLAMABAD: National Accountability Bureau Balochistan on Monday apprehended the director of Three-A Alliance Company in billions of rupees motorbike scam from Karachi and obtained eight days physical remand from the accountability court in Quetta.

The accused was produced in the Accountability Court Quetta where Accountability Court Judge Justice Allah Dad Roshan remanded the accused to the NAB custody for eight days.

It may be recalled here that the auto firm namely Three-A Alliance run by Kashif Qamar has deprived thousands of people of their hard-earned money on the promise of providing them new motorcycles on a fixed monthly amount.

After having received complaints from a large number of people, the NAB Balochistan on the directives of DG NAB initiated an investigation.

During the probe, it was revealed that Three-A Alliance Bolan Motors (Pvt) Ltd head Kashif Qamar and Franchise owner associated with the company had deprived thousands of people of their hard-earned The management of Three-A Alliance also lured the general public through social media and other platforms.

The company through its franchises booked thousands of bikes and issued receipts to the people who invested a huge amount with them. NAB Balochistan after completing the investigation filed a reference against 25 people including the owner of Three-Alliance Company.

The accused namely Nadeem Jaga, Ahmed Jan, Jalat Khan, Shadi Khan, Shahid Gill and Syed Mir have also been arrested by NAB. However, efforts are afoot to arrest the main accused Kashif Qamar. Further probe is underway.

Read more: Nabeel Gabol opens up about his marriage proposal to Reham Khan

Web Desk

Recent Posts

Religious scholars join IPP in Gilgit-Baltistan amid political developments

GILGIT: In a significant political development in Gilgit-Baltistan, several prominent religious scholars and community leaders…

16 minutes ago

Interesting conversation between Prime Minister and Fazlur Rehman in the National Assembly

ISLAMABAD: An interesting conversation took place between Prime Minister Shehbaz Sharif and Maulana Fazlur Rehman…

1 hour ago

Decision to pay salaries and pensions to government employees ahead of time

KARACHI: A big good news has come out for government employees of Sindh. It has…

2 hours ago

Big increase in prices of chicken and eggs, government price list ignored

ISLAMABAD: The prices of chicken and eggs have skyrocketed. The government price of chicken meat…

2 hours ago

Transportation in the Strait of Hormuz restored, oil prices drop further

TEHRAN: After the restoration of maritime transportation in the Strait of Hormuz, crude oil prices…

3 hours ago

Iranian rial value suddenly skyrockets, citizens flock to currency exchange centers

ISLAMABAD: Pakistan’s open currency market is witnessing an unusuawith demand for the Iranian rial rising…

3 hours ago