KARACHI: In a major development in assets beyond means case, the National Accountability Bureau (NAB) Rawalpindi team on Thursday raided the house of adviser to the Karachi mayor and former director general parks Liaquat Ali Qaimkhani in Karachi and recovered a large number of valuable items.

According to details, 24 luxurious cars, foreign currency, bonds, modern arms, gold ornaments, documents of Lahore and Karachi bungalows, gold buttons and cufflinks and files of Karachi Metropolitan Corporation have also been confiscated from his two marla house.

The accountability watchdog had taken Qaimkhani into custody a day earlier in Bagh Ibne Qasim case. He is alleged of embezzling millions of rupees through awarding fake contracts as DG parks in the city.

Also Read: NAB arrests Miftah Ismail in LNG import case

Local media reported that when the Karachi mayor’s adviser was arrested the NAB team was baffled on seeing the vehicles worth millions of rupees parked at his house which led to the inquiry into his assets.

“It is hard to believe that the house which looks so simple from outside holds valuable items worth crores of rupees. The house has everything remote-controlled from doors to fans and bathroom system,” said a reporter of the local news channel.

The NAB team a day ago had arrested Pakistan Peoples Party stalwart Khursheed Shah from his residence in Islamabad. The chairman NAB had issued his warrants in assets beyond means case.

On Aug 7, the NAB had arrested former finance minister Miftah Ismail from the premises of the Islamabad High Court (IHC) after the court rejected his plea for an extension in his pre-arrest interim bail in the liquefied natural gas (LNG) import case.

He was wanted by the NAB for inquiry against former petroleum minister Shahid Khaqan Abbasi and the then secretary ministry of petroleum about award of LNG terminal-1 to Engro Energy Terminal Private Limited.

Miftah’s counsel had argued that the accountability watchdog in the same court had said that they did not require to arrest his client then what was the compulsion now to arrest him.