The case has been registered against the accused under Section 3,4 and 6 of the Prize Chits
and Money Circulation Schemes (banning) Act and Sections 10, 420 and 34 of the Investor Protection Act.
After 35 years at the helm, Chit
Lee retired in 1997 and handed the business to his sons.
Speaking to media later, he had claimed that the anti-graft body had given him 'clean chit
' in the case.
It merits a mention here that Chief Minister Mahmood Khan in a press talks after appearing before NAB investigator on December 17( Monday), had claimed that the NAB has given him clean chit
and it was his first and last appearance before the NAB in the case.
The NAB spokesman clarified that Mehmood Khan's claim about getting a clean chit
in the scam made during a media talk was not true.
In a press release on Tuesday, NAB stated that 'no clean chit
has been given to the KP chief minister, adding that the statement of the chief minister to combined investigation team was unsatisfactory.
'Shopkeepers and traders in the city are frightened as they are once again receiving extortion chits
and witnessing the violence from the gang groups.
A parliamentary panel in India has suggested that the government should provide insurance cover under the Chit
Fund (Amendment) Bill, 2018.
fund is a savings scheme where a group of subscribers invest a certain sum of money every month for a specified period.
Ojisan (Grandfather) walks every morning to the train station to buy a copy for you.' (Yes, Chit
, the Japanese are indeed a hospitable people.)
Imran said that patients greatly suffer due to the chit
system but the hospital administration did not pay any heed to lessen their problems.