Atif Khan, the husband of renowned model and actress Nadia Hussain, was arrested by the Federal Investigation Agency (FIA).
As reported, The arrest was made on March 8, 2025, in connection with a multi-million rupee fraud case involving Bank Alfalah Securities, where Atif Khan served as the former CEO.
He is accused of embezzling approximately Rs540 million (Rs5.4 crore) by misusing company funds for personal purposes and fabricating financial documents to illegally withdraw money from the firm.
The FIA took action following a complaint lodged by the company’s board of directors. Atif Khan allegedly used company funds for personal trading and acquired additional funds through a third party, repaying them with high-interest payments using corporate funds.
The FIA has also implicated other individuals, including former Chief Financial Officer Faisal Sheikh and Imtiaz Ahmed, in facilitating the fraud.
Nadia Hussain has not issued an official statement regarding her husband’s arrest. The couple married in 2003 and have four children together.
The FIA secured a two-day remand for further investigations into the case.
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