MUHAMMAD AYAZ NIAZI versus THE STATE THROUGH FIA COMMERCIAL BANK CIRCLE
Section 497 Penal Code (XLV of 1860), Articles 409/420/468/471/109 Corruption Prevention Act (II of 1947), Section 5 (2) criminal breach of trust by a public servant, fraud, For the purpose of forgery, using false documents and illegally satisfying guarantees, landowners' denial was purchased for employees of National Insurance Corporation Housing Colony, at the time it was alleged that the corporation's chairman and Was the chief executive for whom the Board's Investment Committee was purchased. The directors of the corporation are comprised of the accused and two other directors who were allowed to bail The Investment Committee, at its meeting, constituted a negotiating committee consisting of four executives of the corporation board which recommended the purchase of land at the recommended rate. Is gone To believe that the recommendations were based on documents, which were fake or managed without any science, the role of the FIC-based suspect was materially different from the role of the co-accused who was guaranteed by the participant. The accused was a non-executive director corporation and the role assigned to him was that he participated in the board of directors' meeting for which decisions were made. While purchasing the land, the accused was the chief executive of the corporation, who, in different roles, interacted with others to determine the value of the land in relation to the principle of consistency, to help the accused not be entitled to guarantee did not come. Their request was dismissed, in the circumstances \ r \ n
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