*ISLAMABAD: **Top official has been arrested by NAB in Asif Zardari linkedprobe of Park Lane case. *
*An accountability court on Monday granted physical remand of Securitiesand Exchange Companies of Pakistan (SECP) Executive Director Javed Hussaintill September 11, in a probe related to Park lane properties reference.*
Hussain was arrested by the National Accountability Bureau (NAB) teamduring a raid in Islamabad.
According to the accountability watchdog, the SECP official concealed thefacts about ownership of the company by Pakistan People’s Party (PPP)co-Chairman Asif Ali Zardari. “He [Javed Hussain] approved Zardari’sresignation from company presidentship in back dates”, it said.
It may be noted that former president Asif Ali Zardari is already in NAB’scustody in fake bank accounts and Park Lane Estate Company cases.
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According to anti-graft watchdog body, Asif Ali Zardari was allegedly forrunning a fake front company by the name of Parathon as a shareholder inPark Lane properties.
A loan worth Rs 1.5 billion was taken out from the bank and transferred tothe company account in a private bank.
