Showing posts with label Seth Nisar. Show all posts
Showing posts with label Seth Nisar. Show all posts

Thursday, December 3, 2009

BoP scam co-accused agrees to pay Rs400m

ISLAMABAD: The Supreme Court on Wednesday ordered a co-accused in the Rs9 billion Bank of Punjab financial scam to pay back Rs400 million by Dec 11.

A bench comprising Chief Justice Iftikhar Mohammad Chaudhry, Justice Mian Shakirullah Jan and Justice Tariq Parvez also directed the National Accountability Bureau to place the name of Seth Nisar, who was present in the court, on the Exit Control List and keep his passport with it till the payment of the amount claimed against him.

Seth Nisar is elder brother of Sheikh Afzal, owner of Haris Steel Industries (HSI), Lahore, and the main accused in the BoP scam.