KARACHI: National Accountability Bureau (NAB) on Tuesday claimed to have arrested three suspects allegedly involved in illegal tax refund scam, in separate raids. According to a NAB spokesperson, the two suspects allegedly involved in illegal tax refund scam, were arrested during separate raids. The suspects arrested were identified as Luqman Javed and Abdul Hameed Agar, proprietors of their respective business firms. The spokesperson said the accused were beneficiaries of illegal sales tax refund and nominated in a reference in which Federal Board of Revenue official Abdul Rauf Nasir was arrested on October 25, adding that the accused received proceeds of offence they committed by managing tax refund on the basis of bogus invoices, incurring a loss of Rs 120 million to the exchequer, in connivance with the other accused. Separately, in a series of raids conducted, NAB Karachi arrested one more accused from the limits of Delhi Mercantile Society. According to a NAB spokesperson, the arrested, Nadir Hussain Awan, proprietor of Loyal Traders, was also one of the beneficiaries of illegal sales tax refund and nominated in the reference in which Abdul Rauf Nasir was arrested. The spokesperson said the arrested will be produced before accountability court today. Published in Daily Times, November 1st 2017.