Islamabad: August 10, 2018: The Accountability Court, Islamabad today convicted Qari Obaid Ullah, Director, Mufti Ehsan Ul Haq in Modarba Scam with 7 years imprisonment in addition to fine of Rs. 38 Crore u/s 11 NAO 1999 due to vigorous pursuance of the case by Prosecution Division on the direction of worthy Chairman NAB. The accused Qari Obaid Ullah Director, Mufti Ehsan Ul Haq, Modarba Scam was arrested by NAB Rawalpindi besides other 19 accused persons in Mufti Ehsan ul haq, Fiazzi group of industries and Modarba scam on the allegations of cheating public at large on the poly of Islamic mode of investment.
The NAB Rawalpindi Bureau received 9584 complaints from affectees of Modarba scam. After due process of law, NAB Rawalpindi had filed a corruption Reference in Accountability Court Islamabad and so far has recovered Rs 487. 1 million and freezed 14 x properties, 22 luxuries vehicles freezed under u/s 12 of NAO 1999 in this mega scam.
NAB Rawalpindi has arrested 19 accused persons in Modarba scam including Mufti M. Ehsan ul Haq, Muhammad Ibrar ul Haq, Obaid Ullah, Muhammad Moeen Aslam, Hafiz Muhammad Nawaz, Wajid Ali, Hafiz Mukhtiar Khan, Muhammad Osama Abbasi, Umair Ahmed, Muhammad Bilal Afridi, Ibrahim Al Shoraim, Muhammad Osama Qureshi, Saifullah, Nazir Ahmed, Muhammad Idrees, Abdul Malik, Irshad Ullah Jan and Fazal Subhan.