Peshawar: NAB (KP) today arrested Salimat Khan Orakzai, Motor Cars Dealer who defrauded dozen of people by giving them incentive to provide them Brand New Vehicles significantly below the market price and embezzled Rs. 195.00 Million.
The accused Salimat Khan Orakzai was doing business in the name of Al-Faisal Motors at Kohat, Fateh Jang with Head Office at Islamabad. He convinced the affectees that he had an agreement with a company to achieve the target of sale of 300 Motor Cars and company is providing his Brand New Vehicles 30 % below the market price.
To gain the trust of the public, he provided brand new vehicles to some of the people. By adopting this modus operandi the accused managed to defraud many people and embezzled Rs.195.00 Million.
Taking cognizance of public complaints, NAB (KP) authorized inquiry against the accused.