Inside Financial Markets

Breaking News: FIA arrests AKD Directors

Chairman of the AKD Group, Aqeel Karim Dhedhi on Monday held an emergency press conference at the Karachi Press Club after the Federal Investigation Agency (FIA) raided his offices and detained two of his directors.

The FIA raided the offices of Aqeel Karim Dhedhi and detained Muhammad Fareed Alam CEO AKD Securities, Tariq Adam Ghumra Director, Head of Equity Operations AKD Securities and Muhammad Iqbal another Director in the AKD Group.

The three have been accused of causing losses running into millions to the national exchequer.

According to sources, Aqeel Karim Dhedhi allegedly resisted against the FIA raiding party that came to arrest the three individuals.

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

The Canadian Securities Institute


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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)