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KARACHI:An accountability court in Karachi has accepted the National Accountability Bureau rsquo s (NAB) petition against those foreign companies which have opened bank accounts to defraud citizens of their hard-earned money by offering them an attractive rate of return.The NA
jordan grau B plea seeks th
1 jordan 1 e court rsquo s orders for freezing the bank accounts of foreign companies.NAB stated that more than Rs1.12 billion was collected in nine bank accounts of the said companies. ldquo Now, there is more than Rs94.4 million in these accounts. Nine accounts opened in different banks of companies should be consolidated. rdquo NAB said in the plea that an inquiry had been initiated on the Securities and Exchange Commission of Pakistan rsquo s (SECP) complaint against foreign companies.The investigation officer requested that the accused (foreign companies) be given time to respond.The court adjourned th
jordan e hearing till September 26, giving time to submit the reply.The SECP had complained that foreign compan
