PPP Chairman Bilawal Bhutto Zardari faces a new blow from the NAB

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PPP Chairman Bilawal Bhutto Zardari faces a new blow from the NAB

ISLAMABAD - PPP Chairman Bilawal Bhutto Zardari faces a new blow from the the National Accountability Bureau (NAB).NAB has summoned Pakistan Peoples Party Chairman Bilawal Bhutto Zardari on December 24 into fake accounts probe for JV-Opal-225, a joint venture of Zardari Group Ltd.

The PPP chairman has been asked to appear before the NAB Rawalpindi office on December 24 (Tuesday) at 11:00 am.

According to sources, the Opal-225 (referred in tax record is a joint investment of Zardari Group Ltd) was initiated on October 15, 2011. In 2009, Bilawal Bhutto Zardari and his father became shareholders of the company.

Both of them have a stake of 25 percent each in the company.

Allegedly, billions of rupees were transferred to the company’s accounts via fake bank accounts. The company took out loans of billions of rupees from the banks.

Earlier, on December 9, the National Accountability Bureau filed eight referencess in the fake bank accounts case in the NAB court.

According to the NAB, reference was lodged against alleged embezzlement in the Sindh Bank funds of worth billions.