ISLAMABAD: The National Accountability Bureau (NAB) on Saturday seized possession of land measuring 1,125 acres of an accused who allegedly committed a £60 million mortgage fraud in the United Kingdom.
Accountability Court Judge Muhammad Bashir ordered the seizure of the property.
The anti-graft watchdog confiscated the land of Nisar Afzal, his family and other benamidars.
A NAB prosecutor, Sohail Arif, and investigation officer Aziz Rehan appeared before the court.
According to the agency, Afzal, who came back to Pakistan after committing fraud in the UK, acquired properties here worth billions. It said the property was seized in Rawalpindi, Gojar Khan and Taxila.
The watchdog said the accused could not offer any evidence of the accumulation of their assets worth billions of rupees.
The NAB said that action was being taken against the accused under Anti-Corruption Ordinance and Anti-Money Laundering Act.
The anti-graft body has already seized the properties of Afzal and Saghir Afzal worth Rs50 billion. It has confiscated 11 residential units owned by the accused in an upscale Islamabad sector.
A piece of mearuing 81.25 acres in Islamabad’s Tarnol, Bhidana and Tamir towns was also seized.
Besides this, the NAB has seized another piece of land measuring 1,250 acres in Fateh Jhang and Attock.
