AGL 39.94 Increased By ▲ 1.16 (2.99%)
AIRLINK 203.00 Increased By ▲ 8.71 (4.48%)
BOP 10.40 Decreased By ▼ -0.44 (-4.06%)
CNERGY 6.90 Increased By ▲ 0.03 (0.44%)
DCL 10.23 Increased By ▲ 0.04 (0.39%)
DFML 44.20 Increased By ▲ 1.07 (2.48%)
DGKC 103.50 Increased By ▲ 6.89 (7.13%)
FCCL 38.52 Increased By ▲ 0.45 (1.18%)
FFBL 81.90 Increased By ▲ 0.47 (0.58%)
FFL 14.15 Increased By ▲ 0.12 (0.86%)
HUBC 120.70 Increased By ▲ 1.72 (1.45%)
HUMNL 15.15 Increased By ▲ 0.38 (2.57%)
KEL 5.84 Increased By ▲ 0.10 (1.74%)
KOSM 8.35 Decreased By ▼ -0.14 (-1.65%)
MLCF 48.31 Increased By ▲ 1.77 (3.8%)
NBP 75.00 Decreased By ▼ -2.23 (-2.89%)
OGDC 197.55 Increased By ▲ 2.77 (1.42%)
PAEL 36.18 Increased By ▲ 1.44 (4.15%)
PIBTL 8.64 Increased By ▲ 0.26 (3.1%)
PPL 177.35 Increased By ▲ 2.78 (1.59%)
PRL 33.20 Increased By ▲ 0.03 (0.09%)
PTC 26.39 Increased By ▲ 1.82 (7.41%)
SEARL 118.67 Increased By ▲ 8.63 (7.84%)
TELE 9.80 Increased By ▲ 0.90 (10.11%)
TOMCL 35.45 Increased By ▲ 0.62 (1.78%)
TPLP 12.15 Increased By ▲ 0.46 (3.93%)
TREET 19.04 Increased By ▲ 0.48 (2.59%)
TRG 60.24 Increased By ▲ 0.18 (0.3%)
UNITY 39.21 Increased By ▲ 2.72 (7.45%)
WTL 1.85 Increased By ▲ 0.10 (5.71%)
BR100 11,750 Increased By 49.4 (0.42%)
BR30 36,144 Increased By 733.5 (2.07%)
KSE100 110,109 Increased By 1054.7 (0.97%)
KSE30 34,186 Increased By 336.8 (1%)

KARACHI: National Accountability Bureau (NAB) Regional Board has recommended the NAB Karachi chapter to convert an inquiry into investigation against Agha Siraj Durrani, speaker Sindh Assembly, and others on the allegations of embezzlement of funds in the project of the MPA Hostel in Karachi.

The recommendation was made at a regional board meeting held at NAB Karachi under the chairmanship of Director General NAB Karachi Dr Najaf Quli Mirza (PSP).

The board during the meeting recommended the competent authority for conversion of inquiry into investigation against Agha Siraj Durrani and others on the allegation of embezzlement of funds in project of MPA hostel.

Moreover, it was also recommended to file a reference against the officers and officials of Sindh Social Relief Fund (SSRF) including Fazal-ur-Rehman, former chief secretary/ chairman of SSRF and others over the misuse of authority, misappropriation, and embezzlement of the SSRF funds by investing them into mutual funds that caused the government financial loss worth millions.

The conversion of inquiry into the investigation against the officers/ officials of the Roshan Sindh Solar Program and others were also recommended. In this case, the accused are involved in misuse of authority and embezzlement of funds of installation of solar lights in the rural Sindh phase –I & II that provided serious financial shocks to the provincial kitty.

Investigation against Nusrat Hussain Mangan, former IG Prisons and others was also suggested over the allegation of accumulation of assets beyond known sources of income.

The board also approved the conversion of inquiry into the investigation against accused Hafeez ur Rehman Butt, owner M/s Orient Housing Services Builders and Developers of “Billy’s Green-Wood Residency”, Superhighway Karachi; Babar Chugtai, and others. The accused are involved in cheating the public at large through not giving the possession of cottages/flats/apartments/shops to the allottees. The total amount involved in the case comes to the tune of millions of rupees.

The regional board later appreciated the performance of combined investigation teams on the successful disposal of mega cases as per law.

Meanwhile, DG NAB Karachi Dr. Najaf Quli Mirza reiterated the resolve to recover the looted money and retrieve the grabbed state land. He issued instructions to the directors for expediting the investigative work purely on merit, without any discrimination and as per the guidelines of chairman NAB.

Copyright Business Recorder, 2021

Comments

Comments are closed.