The National Accountability Bureau (NAB) arrested a former inspector of the Excise and Taxation Department while obtaining a 14-day physical remand from the court claiming to have recovered crores of rupees from his house.
NAB produced accused Khawaja Wasim before the accountability court in Lahore where the court granted physical remand of the accused till September 24.
After obtaining remand from the court, the NAB said in a statement that the house of a former Grade 16 employee of the Excise and Taxation Department, Lahore was raided and about Rs 330 million in cash and prize bonds were recovered.
NAB Lahore said that the accused was arrested and according to the confession of the accused, evidence of assets worth more than Rs 22 crore was received in his name, the sources of which could not prove the accused yet.
The statement said that the investigation also found evidence of holding more than Rs 190 million in cash and prize bonds in the name of accused Khawaja Wasim’s wife.
The NAB said that the accused had laundered crores of rupees by taking advantage of the amnesty scheme introduced in 2018 while he was not eligible to avail benefits from the scheme.
According to the statement, more than Rs 220 million was transferred from abroad to the accused’s bank accounts between 2013 and 2017, but the accused could not disclose his sources abroad.
The NAB Lahore in its statement said that the accused has been arrested on the basis of the evidence obtained from the ongoing investigation against him and physical remand has been obtained from the court to bring the investigation to a logical conclusion.
Lahore accountability court handed over accused Khawaja Wasim to NAB team on 14-day physical remand.