The National Accountability Bureau (NAB) arrested the accused allegedly involved in Rs 1.6 billion National Fertiliser Marketing Ltd (NFML) scam on Tuesday. An official source said the NAB team has arrested former Deputy Manager NFML Aziz Abubakkar. The accused has been arrested on the allegations of misusing the authority and causing loss to the national exchequer.
The Bureau has produced the accused before the accountability court and obtained his physical remand. Ministry of Industries and Production had written a letter to the Chairman NAB, citing the Managing Director NFML as stating that 5 cartage contractors were involved in misappropriation of 38394 MT of Urea in connivance with the officers who remained posted in the NFML.
A penalty to the tune of Rs 48058876 was imposed, while the loss to the government exchequer has been estimated at Rs 1.620 billion. According to the fact-finding inquiry, 5 cartage contractors involved in misappropriation of Urea and fraudulent practices were blacklisted on August 22, 2014.
The acting Managing Director NFML, Qudrat Ullah, recently informed the National Assembly's Standing Committee on Industries and Production that the "deputationists" were involved in the urea scam. He also informed about the names of contractors who inflicted a huge financial loss on the national exchequer.
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