BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)

ISLAMABAD: The National Accountability Bureau (NAB) Wednesday initiated another corruption inquiry against the Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif. It also decided to review the Terms of Reference (ToRs) of the committee constituted by the government in connection with the Pakistan International Airlines-owned Roosevelt Hotel based in New York as per law.

The decision to this effect was taken in the NAB's Executive Board Meeting (EBM) presided over by the NAB Chairman former Justice Javed Iqbal, said a senior official of the NAB.

He said the meeting okayed filing of two corruption references and eight inquires and also decided to close corruption investigation against former finance minister Ishaq Dar and others, due to lack of evidence.

He said that the meeting decided to start corruption inquiry against former chief minister Punjab Mian Muhammad Shahbaz Sharif, Riaz Lal G, and others, and Ali Sher Mehsud, and others, Malik Ahmad Khan, Chief Executive Officer (CEO), Public Private Partnership Authority and others, officers and officials of the Rawalpindi Development Authority and others, Asadullah Faiz Joint Secretary Ministry of Health, Islamabad, officers and officials of Small Dams Organization and others, management of National Food Security and Research, Islamabad, and others.

The official said that the EBM also reviewed the closure of the Roosevelt Hotel in New York, USA, after 100 years, and decided to review the ToRs of the committee set up by the government in accordance with the law.

The official said that the NAB's EBM also closed corruption inquiry regarding tax affairs against Ishaq Dar, former minister for finance, chairman Federal Board of Revenue (FBR) and others, Akram Khan Durrani, former Minister of Housing and Works, officers and officials of the Oil and Gas Regulatory Authority (OGRA) and others, the Board of Directors and administration of the National Transmission & Despatch Company (NTDC) and inquiries against others, officers and officials of Irrigation Department and others, and Nasir Mahmood Abbasi were closed due to lack of evidence.

The anti-graft body decided to file corruption reference against Imtiaz Inayat Elahi, former chairman Capital Development Authority (CDA) and others.

The accused were allegedly involved in restoring of two cancelled commercial plots by misusing their authority, which incurred losses of Rs200 million to the national exchequer.

The bureau fields another reference against Liaquat Ali Khan, former Director General Parks and Horticulture, Karachi Municipal Corporation (KMC), and others.

The accused by misused their authority allotted a welfare plot at Bagh Ibn-e-Qasim Clifton, Karachi, which caused huge loss to the national exchequer.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.