LAHORE The National Accountability Bureau (NAB) Punjab has arrested Iftikhar Ali Ch, CEO M/S ZI Business Group Pvt Ltd, on the charges of misappropriation of public money. NAB Director A&P said in a statement on Tuesday that the accused was produced before an accountability court and remanded for 14 days for investigation. An investigation by NAB Punjab on complaints from the general public revealed that the accused and directors of the company lured the general public by offering exaggerated profits and later deprived 149 depositors of their hard earned Rs 104.465 million. The investigation also disclosed that one of the accused Brig (r) Zahirullah opted for voluntary return but defaulted after paying 19.56 million against his liability of Rs. 52.32 million. Accordingly an interim reference was filed in the accountability court after collection of incriminating evidence against the accused.