NAB arrests fraud firm’s director in billion of rupees scam

ISLAMABAD: National Accountability Bureau (NAB) Balochistan on Thursday arrested Director, Three-A Alliance’s, Faisal Khan in a billions of rupees motorbike scam from Karachi, NAB handout said.

The accused was later produced before Accountability Court Judge Allah Dad Rosahn and obtained seven-day’s physical remand.

As per NAB handout, Faisal Khan was hiding after the issuance of arrest warrant. It may be recalled here that the fraudulent auto firm namely Three-A Alliance run by Kashif Qamar has deprived thousands of people of their hard-earned amount on the promise of providing them with new motorcycles on a fixed monthly profit.

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-Alliance Bolan Motors (Pvt) Ltd Chief Kashif Qamar and Franchise owner associated with the company had deprived thousands of people of their hard-earned. The management of Three-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.

Nadeem Jaga, Ahmed Jan, Jalat Khan, Shadi Khan, Shahid Gill and Syed Mir have also been arrested by NAB. Moreover, in February last fraud company’s director Kamran Anjum was also held.

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The DG NAB expressing satisfaction over the arrest of the Director Three-Alliance asked the investigation team to speed up their efforts and nab the main accused of the case.