Summary NAB Rawalpindi has arrested Tahir Saeed and Nadeem Raza who have plundered Rs 300 million people.
They collected money from 27 complainants on the pretext of investment in their (fake/bogus) foreign exchange business namely M/s Ahmed Trading Company (Commodity trading).
The complainant invested in said fake company through bank transactions using International Fund Telegraphic Transfers (IFTTTs), according to NAB spokesperson.
NAB has collected relevant bank records which transpired that the amounts were actually transferred in personal accounts of accused who defrauded the complainants.
Today on 14.11.2012, the Accountability Court, Islamabad has granted 14 days physical remand of both accused persons to NAB(R) for further investigation.
