NAB arrests owner of private firm for fraud

Published
1
NAB arrested owner of a private company on charges of cheating public at large on the pretext of providing them vehicles on easy installments.
— Reuters/File
NAB arrested owner of a private company on charges of cheating public at large on the pretext of providing them vehicles on easy installments. — Reuters/File

PESHAWAR: The National Accountability Bureau, Khyber Pakhtunkhwa, on Tuesday arrested owner of a private company on charges of cheating public at large on the pretext of providing them vehicles on easy installments.

A NAB spokesperson stated that the suspect, Mr Samiullah, owner of Sambrosons Enterprises Pvt Ltd, would be produced before an accountability court today (Wednesday) for obtaining his physical custody.

NAB claimed that it had received complaints from people that the suspect had cheated them in car business.

The bureau said that during the course of investigation it was discovered that the suspect had collected money from people as down payment on the promise of supplying them vehicles on easy installments.

However, after sometime, office of the company was found closed, and the owner allegedly fled along with the money collected from the people.

The NAB claimed that it had so far received claims amounting to millions of rupees. The bureau has asked all the affected persons to submit their claims against the suspect.

Published in Dawn, August 4th, 2021

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...