NAB Karachi team raids in Lahore, arrests top businessman over money laundering charges
Lahore: A team from NAB’s Karachi office arrested businessman Iqbal Zaid Ahmed at his office in Lahore on Wednesday morning in case pertaining to money-laundering.
Ahmed is the chairman of AG, which, according to its website has “interests in the energy, media, and design sectors”. He is also the chairman of Newsweek Pakistan.
The NAB team arrested from his office on Lahore’s Mall Road and he has been sent to the bureau’s Lahore office. He will be presented before a court soon where NAB will ask for his transit remand to take him back to Karachi.