BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)

LAHORE: A division bench of the Lahore High Court (LHC) disposed of a petition of a hotel against an inquiry initiated by National Accountability Bureau (NAB) into alleged misuse of authority and corruption in award of a liquor license by former Chief Minister Usman Buzdar as regional general meeting (RGM) of the NAB recommended for closure of the inquiry.

The special prosecutor of the NAB also said they have no objection for the renewal of L-II Licenses issued to the petitioner hotel after recommendation for closure of the inquiry against the respondents.

In this case, Buzdar had been granted pre-arrest bail by accountability court.

Buzdar through his counsel submitted that there was not an iota of evidence on record to suggest that the petitioner derived any illegal pecuniary advantage of benefit in any manner whatsoever. The liquor license was issued by the Punjab Excise & Taxation Department to Royal Swiss Hotel newly constructed near Lahore airport.

Usman Buzdar’s bail extended till Dec

Earlier, the counsel of the petitioner hotel, Ijaz Ahmed Awan contended that matter was pending with respondent NAB officials without any sort of intimation to the petitioner besides causing colossal financial losses, defaming the business and rendering it at the brink of collapse. The counsel said the respondent NAB officials have also not even alleged that the holder of any public office has gained any sort of monetary benefit.

Awan said because of the undue influence of NAB officials, duly issued L-ll License was withdrawn by the excise officials. He said the inquiry merely established on some procedural regularity and miserably lacks the elements of the alleged corruption and corrupt practices.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.