Fake accounts case: NAB summons Bilawal Bhutto on December 24.

ISLAMABAD -- The National Accountability Bureau (NAB) has summoned Pakistan Peoples Party Chairman Bilawal Bhutto Zardari on December 24 into fake accounts probe for JV-Opal-225, a joint venture of Zardari Group Ltd, media reported on Friday.

The PPP chairman has been asked to appear before the NAB Rawalpindi office on December 24 (Tuesday) at 11:00 am.

According to sources, the Opal-225 (referred in tax record is a joint investment of Zardari Group Ltd) was initiated on October 15, 2011. In 2009, Bilawal Bhutto Zardari and his father became shareholders of the company.

Both of them have a stake of 25 percent each in the company.

Allegedly, billions of rupees were transferred to the company's accounts via fake bank accounts. The company took out loans of billions of rupees from the banks.

Earlier, on December 9, the National Accountability Bureau filed eight referencess in the fake bank accounts case in the NAB court.

According to the NAB, reference was lodged against alleged embezzlement in the Sindh Bank funds of worth billions.

More than 20 accused including Bilal Shaikh, Tariq Ahsan and others have been named in the reference, over accusations of awarding loan of worth Rs.29 billion to the OMNI group.

According to the reference Rs.25 bn out of 29bn still have to be repaid. Loan of Rs. 1.184bn was granted to OMNI group via fake companies, while 1.84 billions of rupees

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