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NAB arrests Iqbal Noori Director of M/s Parthenon Pvt Ltd involved in corruption

NAB arrests Iqbal Noori Director of M/s Parthenon Pvt Ltd involved in corruption

RAWALPINDI: National Accountability Bureau (NAB) Rawalpindi arrested accused Muhammad Iqbal Khan Noori, Director of M/s Parthenon Pvt Ltd in case of investigation against the holders of public office, legal persons and others in fake bank accounts scam regarding corruption and corrupt practices in extending of loan and its misappropriation by front company M/s Parthenon Private Limited of M/s Park Lane Estates Pvt Ltd and others.

As per details, Muhammad Iqbal Khan Noori, Director of M/s Parthenon Pvt Ltd managed to obtain Rs 1.5 billion loan from National Bank of Pakistan (NBP) and Summit Bank, which subsequently increased to more than Rs3.5 billion through corruption and corrupt practices thus obtained illegally pecuniary advantage for M/s Parthenon Pvt Ltd through collusion, deceitful and dishonest means.