NAB to file assets reference against Nisar Morai.

KARACHI -- The National Accountability Bureau has decided to file another reference against former chairman of the Fishermen Cooperative Society (FCS) Nisar Morai, quoting sources media reported on Sunday.

The new reference will be filed against Nisar Morai over assets beyond known sources of income, sources said.

Morai, along with others, accused of misusing authority, embezzlement of funds, illegal appointments and awarding fake contracts during 2014-15, causing a loss of over Rs 343 million to the national exchequer in the FCS corruption reference filed in January 2018.

According to sources, the NAB officials have found details of five bank accounts of Nisar Morai claiming that the former FCS chairman, who has been arrested illegal recruitment and graft reference, have properties worth billions of rupees in Karachi, Hyderabad and Lahore.

'Morai is said to be a close ally of former...

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