Latest news with #Nasruddin
Business Recorder
12-05-2025
- Business
- Business Recorder
Government account: KP PAC discusses Rs36bn financial irregularities
PESHAWAR: Khyber Pakhtunkhwa Public Accounts Committee has discussed Rs36b financial irregularities from the government account. According to details, the meeting of the KP PAC committee was chaired by provincial assembly Speaker and Committee Chairman Babar Saleem Swati, which focused on suspected financial irregularities involving Rs. 36 billion in transactions from a government account in District Kohistan. Terming it the most serious financial scandal in the province's history, Speaker Babar Saleem Swati expressed strong displeasure with the concerned departments — the Finance Department, Communication and Works (C&W), and the Office of the Accountant General. He directed them to submit a detailed inquiry report within three days. He further warned that if the internal inquiry proved unsatisfactory, an independent third-party audit would be commissioned and criminal proceedings would be initiated. Accountant General of KP, Nasruddin, informed the committee that between 2016 and 2024, Rs. 181 billion were deposited into and Rs. 206 billion withdrawn from the said account, resulting in an unexplained shortfall of Rs. 24 billion. He explained that these accounts are nominally under the Finance Department but are practically overseen by district accounts officers under the AG's Office. Director NAB KP, Shafqat Mehmood, apprised the meeting that NAB has already initiated an inquiry into the matter, and all relevant documents, bank records, and official files have been requisitioned. He assured the committee that it would be kept informed as the investigation progresses. MPAs Sajjadullah, Arbab Usman, and Ahmad Karim Kundi expressed serious concerns during the meeting, stating that the lack of transparency in the allocation and utilization of development funds undermines public trust. Advisor to the Finance Department, Muzzammil Aslam, informed the committee that between 2019 and 2024, Rs. 594 billion was released for development projects, including Rs. 125 billion for road infrastructure. He clarified that the account in question was directly managed by the C&W Department, and the Finance Department had no direct oversight over it. Copyright Business Recorder, 2025
Yahoo
10-03-2025
- Yahoo
Man sentenced in MS for fake ‘federal agent' scam
MEMPHIS, Tenn. — A man from India was sentenced to five years behind bars and is forced to pay back more than $100,000 in restitution for his role in a wire fraud phone scam. The U.S. Attorney's Office for Northern Mississippi says Nooruddin Bhai Nasruddin, 52, was involved in a wire fraud conspiracy where the callers contacted victims and told them that their bank accounts and social security numbers were stolen/hacked. The callers convinced the victims to withdraw cash that was picked up by a fake 'federal agent,' which was actually Nasruddin. In May of 2024, a victim in North Carolina received a call that Ticketmaster had a data breach and their account had been compromised. The U.S. Attorney's Office says the caller told the victim their account was no longer safe, and instructed the victim to deposit thousands of dollars into a Bitcoin machine, which the caller claimed to be controlled by the government. The caller then told the victim to withdraw all the money into the bank account and give a 'special code' to a 'federal agent.' The victim did as they were asked and gave the money and code to Nasruddin, who was posing as the federal agent in the scam. In August 2024, another victim in Oxford, Mississippi was contacted by the caller, posing as a member of the Federal Trade Commission. The victim was told their social security number and bank account was compromised. The caller told the victim to withdraw the money and give it to the federal agent for 'safekeeping,' and also asked the victim to send a photo of the money to the callers. Nasruddin showed up to pick up the money and was arrested by the Lafayette County Sheriff's Department. Nasruddin, who the U.S. Attorney's Office said is in the United States illegally, was sentenced to 60 months in prison followed by five years of supervised release. He was ordered to pay $104,000 in restitution to his victims. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
