NAB freezes four more Bahria Town properties in Karachi

ISLAMABAD: The National Accountability Bureau (NAB), Karachi, has frozen four more high-value properties of Bahria Town on the instructions of an accountability court. Sources in the NAB said the action was carried out under the Anti-Money Laundering Act, 2010, following investigations that established that these assets were purchased through the laundering of crime proceeds. The bureau has attached the Bahria Icon Tower in Clifton, Karachi, where investigations revealed that Rs8 billion in ...

By none@none.com (Syed Irfan Raza)