National Accountability Bureau (NAB) Thursday decided to file corruption references against former Director General (DG) Press Information Department (PID) Chaudhry Rashid Ahmed and former DG Sindh Building Control Authority (SBCA) Manzoor Qadir alias Kaka for allegedly misusing authority which inflicted huge losses to the national exchequer.
The decision to this effect was taken at the Executive Board Meeting (EBM) of NAB presided over by Chairman NAB former Justice Javed Iqbal. The EBB okayed filing of four corruption references and initiating three corruption inquiries.
According to NAB official, the meeting decided to file corruption reference against Chaudhry Rashid and others for alleged misuse of authority. The accused allegedly tried to draw Rs 28.5 million from the national exchequer along with an advertising agency.
He said the Bureau also authorised filing of a corruption reference against former DG SBCA Karachi and others. The accused persons by misusing their authority allegedly allotted the government land at Nehr-e-Khayyam Karachi to M/S Friends Associates which incurred a loss of Rs 3 billion to the national exchequer.
The anti-graft body in its EMB also decided to file a corruption reference against former President Bank of Punjab Naeemuddin Khan and others. They have been accused of maneuvering prices of shares and inside-trading in the bank inflicting losses of Rs 10.385 billion on the national kitty.
The official said that the EBM decided to file another corruption reference against Secretary Karachi Port Trust Officers Cooperative Housing Society Ghulab Khan and others. The accused misused their authority and allegedly allotted the government land to their blue-eyed people in violation of rules and regulations.
The board also authorised three corruption inquiries against Syed Talat Hussain, chief operating officer (CEO) Zarai Taraqiati Bank Limited (ZTBL) and others, MNA Nasir Bosal and Imdad Ullah Bosal, former secretary chief minister Punjab Shehbaz Sharif, and a group of companies.
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