Pakistani authorities arrested on Wednesday Karachi-based fugitive Hurriyat member Altaf Ahmad Bhat of J&K and 16 of his business associates for allegedly embezzling more than Rs 140 crore from funds for a cooperative housing project in Rawalpindi.Pakistani authorities arrested on Wednesday Karachi-based fugitive Hurriyat member Altaf Ahmad Bhat of J&K and 16 of his business associates for allegedly embezzling more than Rs 140 crore from funds for a cooperative housing project in Rawalpindi.