FIA nabs three senior officials of AKD over graft charg

KARACHI: Federal Investigation Agency (FIA) on Monday raided offices of AKD Group and rounded up three of its senior officials over charges of causing losses of millions of rupees to the national kitty.’Later, Aqeel Karim Dhedhi, Chairman of the AKD Group at a press conference here at Karachi Press Club expressed his reservations over the raids and the arrest of the two directors.’Earlier, the FIA took into custody Muhammad Fareed Alam – CEO AKD Securities, Tariq Adam Ghumra – Director, Head of Equity Operations AKD Securities and Muhammad Iqbal ‘ another Director in the AKD Group.