DailyTimes | ‘Fraudster’ held in Karachi  

KARACHI: The Federal Investigation Agency (FIA)on Sunday arrested a man involved in a suspectedmultibillion fraud case in connection with a Qatar-based offshore company owned by the son of Pakistan's leading politician. The suspect, whose identity has been kept hidden, was arrested from Orangi Town.

"Legal proceedings are underway to transfer the suspect to Lahore for further investigations," sources said. The arrest was made by the Counter Terrorism Wing of the FIA with the help of intelligence agencies after the suspect was traced down following a week-long probe. He was initially interrogated in Karachi, sources informed. The FIA has clarified that the news regarding the arrest wasincorrect.