NAB arrested Qasim Zia
08 August, 2015
LAHORE: The National Accountability Bureau (NAB) on Saturday arrested senior Pakistan Peoples Party (PPP) leader Qasim Zia in a fraud case pertaining to 100 million rupees.
A spokesperson for the anti-corruption body told reporters that the accused was arrested last night in the 100-million fraud case for cheating public at large.
He was arrested for selling fraudulent shares of Ali Osman Securities of which he is one of the directors, the spokesperson further said, adding that another director of the company was also arrested.
A number of people had filed complaints with NAB over which they held an initial inquiry and arrested the accused persons, the spokesperson said.
The accountability court handed the accused persons on a 14-day physical remand to the investigating team.
Elected twice from Faisalabad’s constituency PP-59, Zia served as a member of Punjab Assembly from 2002-2007, and from 2008-2013. He functioned as Leader of Opposition in the Punjab Assembly during his earlier term from 2002-2007.
Zia was appointed president of Pakistan Hockey Federation in 2008 and served as the federation's chief till 2013. He is an Olympic Gold Medalist in the field of hockey, and also remained a member of the Pakistan's national hockey team from 1980-87.