{"id":12026,"date":"2021-09-22T15:34:14","date_gmt":"2021-09-22T15:34:14","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=12026"},"modified":"2021-09-22T15:34:14","modified_gmt":"2021-09-22T15:34:14","slug":"saif-ur-rehman-of-b4u-arrested-in-119-billion-pkr-scam-of-cheating-public","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/saif-ur-rehman-of-b4u-arrested-in-119-billion-pkr-scam-of-cheating-public\/","title":{"rendered":"SAIF UR REHMAN OF B4U ARRESTED IN 119 BILLION PKR SCAM OF CHEATING PUBLIC"},"content":{"rendered":"<div class=\"col-md-12\">\n<div class=\"col-md-10\" align=\"left\">\n<h3><strong><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-11608\" src=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2021\/08\/B4u-Bussiness-Fraud.jpg\" alt=\"\" width=\"500\" height=\"388\" srcset=\"https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2021\/08\/B4u-Bussiness-Fraud.jpg 500w, https:\/\/pakistanintheworld.pk\/live\/wp-content\/uploads\/2021\/08\/B4u-Bussiness-Fraud-300x233.jpg 300w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>Islamabad; 22 Sep 2021 &#8211; National Accountability Bureau has arrested the accused of mega fraud\u00a0 Saif ur Rehman Khan Chief Executive of B4U Group from<\/strong><strong> outside the Supreme Court in multi billion pkr fraud case. The amount embezzled is said to be more than 119 Billion pkr by cheating the public with so called profitable investments.\u00a0 <\/strong><\/h3>\n<h3>A three-member bench, headed by Justice Umar Ata Bandial, heard the case. Justice Mansoor Ali Shah said that as per the law, the reference was sent to NAB by the Securities and Exchange Commission of Pakistan after which the bureau began investigating Khan.<\/h3>\n<h3>\u201cHow much tax does Khan pay?\u201d the court asked the National Accountability Bureau prosecutor. \u201cAccording to tax records, Saif-ur-Rehman is a salaried employee,\u201d he replied.<\/h3>\n<h3>Justice Shah inquired if the accused dealt in crypto-currency to which NAB refused. \u201cHe apparently doesn\u2019t run a business at all,\u201d the prosecutor revealed.<\/h3>\n<h3>Here, Khan\u2019s lawyer, Latif Khosa, intervened and said that the Companies Act, 2017 of the SECP applies to his client\u2019s case. \u201cWhat act when the company doesn\u2019t even exist,\u201d Justice Shah pointed out.<\/h3>\n<h3>Consequently, the top court rejected Khan\u2019s plea for a bail extension but stopped NAB from arresting the suspect inside the court. \u201cYou may arrest him as soon as he walks out of the room,\u201d Justice Bandial said.<\/h3>\n<h3>On August 30, the Supreme Court granted Khan bail which was later extended against surety bonds worth Rs2 million.He was arrested from the court\u2019s premises at around 9:30am on August 30.<\/h3>\n<blockquote class=\"wp-embedded-content\" data-secret=\"iczpGwxnub\"><p><a href=\"https:\/\/pakistanintheworld.pk\/live\/b4u-is-fraud-secp-nab-hold-saif-ur-rehman-niazi-the-main-culprit-bail-rejected-by-the-court\/\">B4U is Fraud &#8211; SECP &#038; NAB hold Saif ur Rehman Niazi the Main Culprit &#8211; Bail Rejected by the Court<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;B4U is Fraud &#8211; SECP &#038; NAB hold Saif ur Rehman Niazi the Main Culprit &#8211; Bail Rejected by the Court&#8221; &#8212; Pakistan In the World\" src=\"https:\/\/pakistanintheworld.pk\/live\/b4u-is-fraud-secp-nab-hold-saif-ur-rehman-niazi-the-main-culprit-bail-rejected-by-the-court\/embed\/#?secret=iczpGwxnub\" data-secret=\"iczpGwxnub\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n<\/div>\n<h3><\/h3>\n<div class=\"col-md-12\">\n<div>\n<div class=\"f-column\">\n<div><\/div>\n<\/div>\n<div class=\"f-column\">\n<div class=\"col-md-12\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"comments\">\n<div id=\"respond\" class=\"comment-respond\">\n<form id=\"commentform\" class=\"comment-form\" action=\"https:\/\/www.samaa.tv\/wp-comments-post.php\" method=\"post\">\n<p class=\"comment-form-comment\"><label for=\"comment\">\u00a0<\/label><\/p>\n<\/form>\n<\/div>\n<\/div>\n<div id=\"comment_section\">\n<div id=\"comments\">\n<div id=\"respond\" class=\"comment-respond\"><\/div>\n<\/div>\n<\/div>\n<h3><\/h3>\n<h3><\/h3>\n<h3><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad; 22 Sep 2021 &#8211; National Accountability Bureau has arrested the accused of mega fraud\u00a0 Saif ur Rehman Khan Chief Executive of B4U Group from outside the Supreme Court in multi billion pkr fraud case. The amount embezzled is said to be more than 119 Billion pkr by cheating the public with so called profitable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,63],"tags":[1706,1584,67,1585,309],"_links":{"self":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/12026"}],"collection":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/comments?post=12026"}],"version-history":[{"count":1,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/12026\/revisions"}],"predecessor-version":[{"id":12027,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/posts\/12026\/revisions\/12027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media\/11608"}],"wp:attachment":[{"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/media?parent=12026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/categories?post=12026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistanintheworld.pk\/live\/wp-json\/wp\/v2\/tags?post=12026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}