FIA arrests ex-CEO NICL, others in illegal appointment case


The Federal Investigation Agency (FIA) corporate crime circle has arrested former chief executive officer (CEO) of the National Insurance Company Limited (NICL) and three others in the illegal appointment case, it was learnt on Monday.

The FIA’s corporate crime circle arrested ex-CEO NICL Captain Retired Jamil Akhtar for allegedly making illegal appointments in the state-run institution.

The officials said that three more accused have been arrested after being spotted by Jamil Akhtar.

Jamil Akhtar had performed duties as NICL chief executive officer from 2015 to 2016 when he illegally approved nine appointments in the institution on the basis of nepotism and violation of law.

It was learnt that the same persons had also worked with him before he was appointed as NICL CEO.The move caused a major financial dent in the national treasury. According to FIA, raids are being conducted to arrest the remaining six accused.

In April, an anti-corruption court directed the Federal Investigation Agency to submit every detail about the escape of the absconding suspects in the National Insurance Company Limited (NICL) land scam case.

On pervious hearings, the court had issued non-bailable warrants for the arrest of six absconders, including two directors of the NICL — Amin Qasim Dada and Javed Saeed — and directed the FIA to arrest and produce them in court.

When the case came up for hearing before Judge Shaukat Ali Memon of the Special Federal Anti-Corruption Court, Karachi, on Friday, the FIA submitted a report stating that the absconders of this case were not present in the country as they had managed to escape abroad.

The six suspects — Amin Qasim Dada, Javed Saeed, Khalid Anwar Khan, Khawaja Akbar Butt, Syed Mohammad Iqbal and Amir Hussian — have been declared absconders in the case.

The court ordered the FIA to file a complete report regarding the escape of the absconding suspects till May 6.


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