Pakistan’s responsibility bureau filed on Friday the Park Lane reference in opposition to former president Asif Ali Zardari and 13 others.
The Park Lane Property corporate is a Karachi-based actual property company. NAB had initiated an inquiry in opposition to Zardari and his son Bilawal Bhutto Zardari on fees of illegally moving woodland land to the company in collusion with some executive officers. Bilawal was once given a blank chit within the case on June 12, whilst Zardari is recently beneath arrest on this case together with a cash laundering case.
Folks named within the reference come with Omni Workforce’s Anwar Majeed, his son Abdul Ghani Majeed, former Pakistan Inventory Alternate chairperson Hussain Lawai, Iqbal Noori, Iqbal Memon, Younis Kudvawi, Mohammad Noori, Sher Ali Uzair Naeem and Muhammad Saleem. 3 corporations, Tracom, Park Lane and Parthenon, were named too.
The SECP file presentations that Zardari and Bilawal personal 50% stocks in Park Lane corporate, mentioned NAB.
The bureau mentioned that the Rs1.five billion mortgage for the Parthenon corporate has change into Rs4 billion now. The corporate will default if it fails to pay off it. NAB claims that the control for Parthenon and Park Lane corporations is identical.
That is the 5th reference that NAB has filed within the faux accounts case.
Asif Ali Zardari, NAB, Park Lane reference, federal judicial complicated, bilawal bhutto zardari, ppp,
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