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Business & Finance

Khawaja Asif appears before NAB team

Former federal defence minister Khawaja Asif on Tuesday appeared before National Accountability Bureau (NAB) Combine
Published April 9, 2019 Updated April 9, 2019 06:23am

Former federal defence minister Khawaja Asif on Tuesday appeared before National Accountability Bureau (NAB) Combined Investigation Team (CIT) in the connection with assets beyond means case.

NAB officials said that bureau summoned the PML-N leader Asif to appear before it for recording his statement in assets beyond means case.

The NAB on August 16 last authorised an inquiry against Asif over his alleged involvement in money laundering and having assets beyond known sources of income that caused a loss of Rs3,668.671 million to the national exchequer.

Earlier, the NAB started complaint verification against Asif in March 2018 on a complaint filed by Deputy Secretary General of Pakistan Tehreek-e-Insaf (PTI) Usman Dar, who also hails from Sialkot, the hometown of Asif.

Dar in his letter sent to NAB claimed that Asif had accepted that he was also a UAE Iqama (work permit) holder and had remained involved in money laundering. The PTI leader also claimed that Asif is accused of concealing his offshore assets from Election Commission of Pakistan.

Copyright Business Recorder, 2019

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