The FIA has issued a notice against the owners of Singapore based construction company Meinhardt declaring Chairman Meinhardt Shahzad Naseem and CEO Omar Shahzad as absconders, appealing to the public to provide information regarding the accused to the FIA Commercial Banking Circle. In this regard, the FIA has posted notices of the accused being wanted in the FIA Commercial Banking Circle and Sharah Faisal police station.
Dr. Shahzad Naseem and Omar Shahzad are sought by the FIA in the money laundering case involving billions of rupees from Pakistanis who invested in the Creek Marina project in 2007. Dr. Shahzad Naseem initiated the residential project under the name of Creek Marina in DHA Phase 8 in 2007.
However, despite seventeen years passing, investors neither received flats nor was the money refunded due to the project’s non-completion. Affected individuals approached the FIA in this matter.
