An Accountability Court (AC) on Friday extended physical remand of accused Muhammad Zubair Khan Owners of M/S FMG Global and Riaz Ahmad Regional Manager for another 10 days. The accused persons in connivance with each other lured general public to invest in their business with the promise of providing motorbikes below market value or huge returns. The accused persons after collection of millions of rupees disappeared and did not provide any returns or motorbikes to the affectees.

The spokesperson of the bureau said that NAB KP was vigorously pursuing the case and more facts were expected to surface. NAB has advised the affectees to approach office of National Accountability Bureau Khyber Pakhtunkhwa, within 20 days for registering their claims against FMG Global (Pvt) Ltd along with original receipts of FMG Global.

Copyright Business Recorder, 2019