NAB arrests 3 for embezzlement

PESHAWAR: The National Accountability Bureau (NAB), Khyber Pakhtunkhwa, Tuesday arrested three persons over alleged involvement in embezzling compensation funds for the affectees of terrorism.
A press release issued here said that Irfanullah, Assistant Director of Fata Disaster Management Authority (FDMA), Amjad Ali, officer grade-III at the United Bank Limited, Regi Lalma Branch in Karkhano Market and Sardar Khan, branch manager Habib Bank Limited Inayat Killay branch, Bajaur Agency, had been arrested.
“They are involved in embezzlement of funds in compensation payment to the affectees of terrorism,” the statement said.The government announced Rs160,000 for partially damaged houses and Rs400,000 for destroyed houses in Mohmand and Bajaur tribal regions.
The statement added that Irfanullah in connivance with other accused opened 122 fake accounts on forged documents and caused Rs60million loss to the exchequer. The accused will be produced before the Accountability Court in Peshawar.