LAHORE: A huge amount of Rs 33 crore was recovered from the house of a former employee of the Excise Department.
According to NAB Lahore, investigations were underway against Khawaja Wasim, a former employee of the Excise Department, and crores of rupees were recovered from the accused’s house.
According to NAB officials, the accused Khawaja Waseem was a Grade 16 employee in the Excise and Taxation Department, Lahore. 33 crore cash and prize bonds were recovered from the accused’s house.
NAB Lahore says that the ongoing investigation against the accused has taken a new turn with the great success of the intelligence wing of the agency.
NAB Lahore says former income tax inspector Khawaja Wasim has been arrested and the accused has not been able to prove the source of crores of rupees yet.
NAB officials said that more than Rs 190 million cash and prize bonds were found in the name of the accused’s wife.
According to officials, accused Khawaja Wasim laundered crores of rupees in the amnesty scheme in 2018. Khawaja Wasim was not eligible to benefit from the scheme.
NAB Lahore said that it has been revealed that more than Rs 22 crore was sent abroad in the bank accounts of the accused from 2013 to 2017. The sources of capital transferred from abroad by the accused could not be proved.
Accused Khawaja Wasim was also produced before the accountability court after his arrest by NAB officials.
On the other hand, the Punjab Anti-Corruption Department arrested Iftikhar Ahmed Asim, an accountant of DPO Office, Okara, on corruption charges.
DG Anti-Corruption Gohar Nafees said that the accused Iftikhar Ahmad Asim embezzled Rs 18.1 million. The accused withdrew this amount from the head of salaries and allowances from 2012 to 2014. The accused has also confessed to corruption.
Gohar Nafees said that the accused had set up a fake company and cleverly transferred money to it. The accused received advance checks from fake contractors Jamil Khanzada and transferred the money from the state exchequer to the Okara branch of a private bank.