In a significant development related to the fake bank accounts case against the leadership of the Pakistan Peoples Party, the National Accountability Bureau (NAB), Rawalpindi, on Wednesday arrested the accountant of a firm owned by former president Asif Ali Zardari.
According to the anti-graft watchdog, Mohammad Hanif was accountant of Park Lane Estates and also a secretary in Parthenon, a front company of Park Lane.
Allegedly involved in misappropriation of bank loans obtained by Parthenon, Hanif was one of the prime accused in the case against the holders of public office, legal persons and others in the fake bank accounts scam.
NAB investigators said the principal accused in the case, in connivance with Mohammad Hanif, managed to obtain Rs1.5 billion loan from the Habib Bank Limited, withdrew the proceed in cash and got prepared pay orders in the name of fictitious persons to hide the beneficial owners.
