FIA arrests Danish Elahi and ex – Private Bank Officers in embezzlement case

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FIA Arrest

The Federal Investigation Agency has arrested Danish Elahi, CEO of Elahi Group of Companies and a few former employees of BankIslami Pakistan Limited in connection with an FIR filed against them in a case involving irregularities/suspicious activities discovered in their accounts. Elahi Group is also in default with the bank, owing PKR 1.4 billion (approx.), and the FIA is investigating them for deliberate default.

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Against the defendants, evidence of misappropriation of cash and assets has already been proven. Their remand has been issued by the magistrate.