ANL 10.45 Decreased By ▼ -0.05 (-0.48%)
ASC 9.01 Decreased By ▼ -0.18 (-1.96%)
ASL 11.10 Decreased By ▼ -0.03 (-0.27%)
AVN 77.25 Increased By ▲ 0.90 (1.18%)
BOP 5.49 Increased By ▲ 0.05 (0.92%)
CNERGY 5.24 Decreased By ▼ -0.03 (-0.57%)
FFL 6.58 Increased By ▲ 0.01 (0.15%)
FNEL 5.90 No Change ▼ 0.00 (0%)
GGGL 10.99 Decreased By ▼ -0.09 (-0.81%)
GGL 16.52 Increased By ▲ 0.08 (0.49%)
GTECH 8.65 Increased By ▲ 0.13 (1.53%)
HUMNL 6.85 Decreased By ▼ -0.04 (-0.58%)
KEL 2.86 Decreased By ▼ -0.04 (-1.38%)
KOSM 3.19 Decreased By ▼ -0.01 (-0.31%)
MLCF 26.45 Decreased By ▼ -0.46 (-1.71%)
PACE 3.00 No Change ▼ 0.00 (0%)
PIBTL 5.95 Increased By ▲ 0.04 (0.68%)
PRL 16.98 Increased By ▲ 0.09 (0.53%)
PTC 7.00 Increased By ▲ 0.03 (0.43%)
SILK 1.18 Increased By ▲ 0.01 (0.85%)
SNGP 36.34 Increased By ▲ 0.04 (0.11%)
TELE 10.67 Increased By ▲ 0.08 (0.76%)
TPL 9.05 Decreased By ▼ -0.08 (-0.88%)
TPLP 19.99 Increased By ▲ 0.08 (0.4%)
TREET 28.75 Increased By ▲ 0.15 (0.52%)
TRG 76.60 Increased By ▲ 0.30 (0.39%)
UNITY 19.86 Increased By ▲ 0.01 (0.05%)
WAVES 12.70 Increased By ▲ 0.04 (0.32%)
WTL 1.36 No Change ▼ 0.00 (0%)
YOUW 5.02 Decreased By ▼ -0.05 (-0.99%)
BR100 4,064 Decreased By -26.8 (-0.66%)
BR30 14,958 Increased By 5.7 (0.04%)
KSE100 41,180 Decreased By -167.8 (-0.41%)
KSE30 15,673 Decreased By -63.8 (-0.41%)

ISLAMABAD: The National Accountability Bureau (NAB) submitted its reply with respect to acquittal applications filed by former prime minister Raja Pervaiz Asharf and other accused under the National Accountability (second and third amendment) Ordinances 2021 in Rental Power Projects (Satiana, Reshma and Gulf power) cases.

The Accountability Court-III judge, Syed Asghar Ali, also issued notice to the NAB to submit its reply after another accused Rafiqu Butt filed acquittal under the National Accountability (second amendment) Ordinance, 2021.

At the start of the hearing, the NAB filed its reply regarding the acquittal applications filed by the accused under the recently-promulgated ordinances.

The court adjourned the hearing of the case till February 22.

The NAB had filed the reference against the accused in 2013.

The bureau had filed 12 RPP references including the Turkish ship-mounted power plant (Karkey), Piranghaib Power Plant, Multan, Sahiwal Power Plant, Guddu Power Plant in Sindh, Naudero-I Power Plant in Sindh, Naudero-II Power Plant in Sindh, Reshma Power Generation in Raiwind, Young Gen Power Ltd, Bhikki, Gulf Rental Power (Pvt) Ltd, 150MW Sharaqpur RPP, and Gujranwala Electric Power Company (Gepco).

Out of the 12 cases, the Accountability Court, Islamabad, has acquitted Ashraf and others in two cases, Multan, Sahiwal power plant, and Piranghaib power plant, while the Accountability Court, Lahore, acquitted Ashraf and others in the Gepco case.

Copyright Business Recorder, 2022

Comments

Comments are closed.