MULTAN: Accountability court Multan on Friday awarded four-year rigorous imprisonment and imposed fine on two accused of a private company on charge of depriving people of their hard earned money through fraud schemes.
Accused Anjum and Abdul Sattar had opened a company titled Falcon Traders (Multi Services) Bahawalnagar in 2012-13 and received money from people as Down Payment in the name of a car scheme and some other schemes.
They, however, embezzled the amount following which National Accountability Bureau (NAB) Multan started investigations and filed a reference 45M in 2016 against the accused in the accountability court.
On Friday, the court announced its verdict and convicted the two accused. A third accused, Sajid alias Muhammad Fayyaz, was given the benefit of doubt and was acquitted.
