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Article: NAB arrests Vakeel Ahmed Siddiqui, Senior Vice President Islamic Investment Bank.
- Article from:
- PPI - Pakistan Press International
- Article date:
- June 13, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Karachi, June 13 (PPI): National Accountability Bureau (NAB) Sindh arrested Vakeel Ahmed Siddiqui in a well co-ordinated operation at about 1915 hours Monday who was wanted in under investigation case at NAB NWFP. According to details, Vakeel Siddiqui along with Saleem Sugar Mills caused loss of Rs14.3 million to the government exchequer. The case details reveal that Saleem Sugar Mills availed finance facility of Rs20 million on short terms from Islamic Investment Bank but went into default in 1993. Islamic Investment Bank approached to court in 1997 and Governor ...
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