Islamabad:
The former chief of the asset recovery unit (ARU) and former special assistant of the Prime Minister of Responsibility, Shehzad Akbar, was identified as a central figure in the case of reference in 190 million pounds Sterling, the sources of investigation said on Saturday.
According to sources, Akbar acted as the brain behind an illegal regime that has caused significant financial losses for the country.
As part of the investigation, it was revealed that Kbar had signed a confidentiality act on November 6, 2019, before the official approval of the restructuring of the ARU and a key meeting of the cabinet, a move quotes as proof of bad faith.
According to the conclusions, the 190 million pounds sterling, which are part of a civil regulations with the National Crime Agency (NCA) of the United Kingdom, were diverted to a “designated account” in the name of the registrar of the Supreme Court.
The amount was initially held in the responsibility account of a large private housing company in Karachi.
The agreement was also signed by the co-accused Ziaul Mustafa Naseem. The investigators said that the funds were falsely spent as transferred to an official report from the Pakistan State, while in reality, they were redirected to benefit a private entity.
