AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,626 Increased By 100.3 (1.33%)
BR30 24,814 Increased By 164.5 (0.67%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)
Business & Finance

NAB unearths embezzlement of millions of rupees of embassy funds

  • In the NAB reference, former ambassador AS Babar Hashmi and former accountant Tufail Qazi has been nominated.
Published January 6, 2021

The National Accountability Bureau (NAB) has filed a reference in the Accountability Court on the issue of embezzlement of funds of the Pakistani Embassy in Bulgaria.

As per details, the accountability bureau filed a reference of corruption in the NAB court in Islamabad over the embezzlement of millions of rupees of funds from the Pakistan’s Embassy in Bulgaria.

In the NAB reference, former ambassador AS Babar Hashmi and former accountant Tufail Qazi has been nominated. The reference alleges that former ambassador Babar Hashmi and former accountant Tufail Qazi committed corruption from 2016 to 2018, the accused continued to use the embassy funds for personal use and did not submit any receipt to the chief accountant.

Corruption in funds was revealed after the appointment of a new accountant in Bulgaria. The case of corruption in the Bulgarian embassy was handed over to the NAB by the Foreign Office for investigation.

Earlier, Chairman NAB has said that NAB believes in “Zero Corruption, 100% Development”. NAB absolutely committed to root out corruption as our Father of the Nation Quaid-i-Azam Muhammad Ali Jinnah had termed “One of the biggest curses... is corruption and bribery. That really is a poison. We must put it down with an iron hand”.

The Honorable Mr. Justice Javed Iqbal, Chairman NAB said that NAB was established to eradicate corruption, recover looted money in order to have Pakistan corruption free. He said that NAB officers should double their efforts in nabbing corrupt elements and recover from them hard-earned looted money of the innocent citizens of Pakistan.

Comments

Comments are closed.