ISLAMABAD: The Supreme Court of Pakistan has barred National Accountability Bureau (NAB) from arresting the former chairperson on National Insurance Company Limited (NICL), Ayaz Khan Niazi, in the corruption case related to purchase of real estate on unfair rates.
During hearing, the Chief Justice of Pakistan Justice Mian Saqib Nisar remarked two enquiries were under way against Niazi. He criticized NAB during his remarks, saying that the NAB arrests those who are in Pakistan while leaves out the ones who are supposed to be taken into custody. He said, “We know how people are facilitated in fleeing abroad.”
However, Niazi along with 12 others appeared in court a few days back, over the NICL scandal. He was arrested in May over the Supreme Court’s orders, but was granted bail later.
During the hearing back then, the Chief Justice observed that Niazi lived in a two-kanal house while his cars were also not registered in his name. His case was being probed by Federal Investigation Agency but was transferred to NAB.