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KP NAB initiates inquiry against owner of illegal Mudaraba business

KP NAB initiates inquiry against owner of illegal Mudaraba business

PESHAWAR: National Accountability Bureau (NAB) Khyber Pakhtunkhwa authorities initiated inquiry against Maulana Saeed-ul-Wahab for his alleged involvement in cheating public at large under the garb of Muddaraba business.

In a statement here, a spokesman for NAB said accused Maulana Saeed-ul-Wahab lured general public to invest their hard earned money in their Muddaraba Business on the promise that they would be paid huge profit on their investment. The accused person after few months not only stopped paying profits but also refused to pay back original invested money of innocent people and disappeared from the scene.

The spokesman urged the affectees of the scams to approach Office of the Director General, National Accountability, Khyber Pakhtunkhwa for registering their claims during office hours up to 10th May, 2018.