Former IGP and former DIG of Khyber Pakhtunkhwa: NAB Board approves authorisation of inquiry

The National Accountability Bureau (NAB) Board has approved the authorisation of inquiry against former IGP and ex-DIG of Khyber Pakhtunkhwa (KP) for accumulation of assets beyond known sources of income. The NAB Executive Board on Wednesday ordered the inquiry against former Inspector General of Police (IGP) Malik Naveed Khan and Deputy Inspector General (DIG) KP, Khurshid Alam, said a press release.
The Board also authorised the inquiry against Chief Financial Officer of NICL, Saeed-ur-Rehman for misuse of authority wherein huge losses were incurred by placement of public funds in stock exchanges for investment. The Board decided to form a joint inquiry team with Prosecutor General of Accountability (PGA) and Judge Advocate General (JAG) Branch of GHQ to form a strategy in the same case pertaining to army officials.
The PGA will be the focal point for the purpose of finalisation of inquiry against Saeed-ur-Rehman and others. The Board decided to refer back all cases of wilful default sent by the Bank of Punjab to the NAB directly without adopting the proper channel of State Bank of Pakistan.