Advertisement
Categories: NewsPakistanPolitics

Ten Kohistan Corruption Suspects Surrender, Seek Asset Forfeiture Worth Rs237.7 Million

Advertisement

Pakistan

Ten suspects in the Kohistan mega corruption scandal have surrendered to an accountability court, seeking the forfeiture of Rs237.7 million in undeclared assets, as NAB assured no further legal action upon surrender.

Peshawar (Web Desk) – A significant development has taken place in the Kohistan financial scandal in Khyber Pakhtunkhwa, where ten accused individuals surrendered before an accountability court and submitted applications to forfeit assets worth millions of rupees.

The hearing was conducted by Administrative Judge Muhammad Zafar Khan, with NAB Deputy Prosecutor General Muhammad Ali, Prosecutor Manak Shah, and Investigation Officer Muhammad Inayatullah present.

During the proceedings, the accused stated that NAB had already taken possession of assets registered in their names but claimed these properties were actually purchased by the main accused, making them benamidars (beneficiaries). They expressed their willingness to relinquish all such assets, asserting they had no ownership claim and raised no objection to NAB taking formal custody.

Deputy Prosecutor General Muhammad Ali informed the court that NAB would not pursue further legal action against the accused if the assets were surrendered. He added that the properties include plots and luxury vehicles, collectively valued at Rs 237,778,600.

The court recorded the statements of all accused and announced that a written order would be issued later.

Advertisement
News Desk

Recent Posts

Trump considering potential Iran strikes as soon as this weekend but no decision made

Washington — Top national security officials have revealed that President Trump is considering potential military…

21 minutes ago

Hundreds Attend Spiritually-Inspired Ramzan Prayers Across Pakistan

Pakistani mosques across the country buzzed with an air of spirituality as hundreds of thousands…

31 minutes ago

Sarah Ferguson criticized for monetizing royal status

Sarah Ferguson, once a fixture in high society circles as the Duchess of York, finds…

38 minutes ago

Joint operation stops 4.48kg of cocaine smuggling attempt in Pakistan

A joint operation between Pakistani and Qatari law enforcement agencies intercepted a significant smuggling attempt…

45 minutes ago

Wolves vs Arsenal Premier League Match Shaped by Table Standings Tonight

The Premier League's narrative shifts to a high-stakes contest as Arsenal faces off against Wolves…

2 hours ago

UAE President Meets US Senator in Abu Dhabi Amidst Health Speculations

In Abu Dhabi, United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan met with…

2 hours ago