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The Federal Investigation Agency (FIA) has summoned model turned actor Nadia Hussain for questioning after her husband, Atif Mohammad Khan, was arrested for embezzlement of funds.

In a notice issued on Tuesday, the FIA stated that scrutiny of Khan’s bank accounts revealed that the model “beneficially received Rs26.418 million” in her salon’s business accounts “during the years which squarely coincides with the period of aforesaid corporate fraud” by her spouse.

Khan was arrested by the FIA on March 8 in a case relating to the embezzlement of funds during his tenure as CEO of Al-Falah Securities, according to an FIA press statement. The criminal inquiry against him was initiated on the complaint of the chairman of the Al-Falah Securities board of directors.

In an earlier press note, the FIA Karachi Zone spokesperson said that after an “exhaustive” inquiry, it had been “unambiguously substantiated that Atif Mohammad Khan embezzled Rs540 million from Al-Falah Securities CLSA Pvt Ltd by misusing his position as its CEO and committing such acts which constituted criminal breach of trust, falsification of accounts and books, fraud and forgery”.

The notice issued to Hussain detailed that from February 2016 to December 2023, “credit payments amounting Rs1.429 billon were parked into the bank accounts of Aif Mohammad Khan from the bank accounts of Al-Falah Securities Pvt Ltd”.

The notice read, “These funds were only partially returned (Rs1.322 billion) into the company bank accounts by Atif Mohammad Khan after utilising the same evidence that he not utilised the company’s funds for personal (wrongful) gain but also simply embezzled Rs107.185 million.

“Moreover, unreported and concealed personal trading at the expense of the company’s funds caused it huge trade losses which raised Khan’s debit balance to Rs539 million, the amount he still owes to the company as payable.”

The FIA summoned Hussain to appear in person before the FIA Corporate Crime Circle on April 14. The agency has permitted Hussain to bring defence documents in support of her claims to the funds.

Inquiry under PECA

Last month, an inquiry was initiated by the FIA against Hussain under the Prevention of Electronic Crimes Act (PECA) after it claimed she levelled “unfounded and baseless allegations against FIA officials”.

While her husband was in custody, Hussain took to Instagram to share a series of videos in which she said a man impersonating a police official had tried to extort money from her in exchange for her husband being granted bail.

“Regarding the case, time and the courts will tell,” she had said, adding that she had been cautioned by her lawyers not to say much about the case. After praising the FIA’s corporate crime department and expressing her gratitude to them for ensuring her husband was comfortable, she said her video was not about the case at all.

Instead, she spoke about a man who identified himself to her as “director of the FIA Karachi Zone” and said he attempted to extort Rs30 million.

She said that she initially believed the man was an actual FIA official, but soon realised he was an impersonator attempting to defraud her. In her post, she included screenshots of conversations and voice notes purportedly sent to her by him.

She said he wanted Rs5 million in cash within 15 minutes to be sent by her driver to him and then the rest of the amount the next day.

Hussain said she had already reported the man to the FIA and will be talking to Nadra officials to ask how her family members’ phone numbers “were so easily available”.

In a press statement, the FIA Karachi spokesperson confirmed the existence of the extortionist, calling them a “fraudster using photo of a senior FIA official as DP” who demanded a bribe from Hussain, adding she was advised by the FIA to report it immediately to its Cyber Crime Reporting Centre in Karachi.

“However, she chose otherwise and resorted to her social media account to hurl unfounded and baseless allegations against FIA officials, which is a cognisable offence under the law.”