AVN 48.00 Increased By ▲ 0.52 (1.1%)
BAFL 29.49 Decreased By ▼ -0.01 (-0.03%)
BOP 3.66 Decreased By ▼ -0.01 (-0.27%)
CNERGY 3.25 Increased By ▲ 0.02 (0.62%)
DFML 10.02 Increased By ▲ 0.05 (0.5%)
DGKC 49.75 Increased By ▲ 2.25 (4.74%)
EPCL 43.00 Decreased By ▼ -0.60 (-1.38%)
FCCL 12.02 Increased By ▲ 0.18 (1.52%)
FFL 5.88 Increased By ▲ 0.07 (1.2%)
FLYNG 5.69 Increased By ▲ 0.09 (1.61%)
GGL 9.96 Increased By ▲ 0.21 (2.15%)
HUBC 68.28 Increased By ▲ 0.08 (0.12%)
HUMNL 5.66 Decreased By ▼ -0.01 (-0.18%)
KAPCO 21.95 Decreased By ▼ -0.15 (-0.68%)
KEL 1.83 Increased By ▲ 0.03 (1.67%)
LOTCHEM 27.40 Decreased By ▼ -0.05 (-0.18%)
MLCF 27.51 Decreased By ▼ -0.29 (-1.04%)
NETSOL 72.48 Increased By ▲ 2.31 (3.29%)
OGDC 74.68 Increased By ▲ 0.63 (0.85%)
PAEL 9.85 Increased By ▲ 0.30 (3.14%)
PIBTL 3.88 No Change ▼ 0.00 (0%)
PPL 57.19 Increased By ▲ 0.49 (0.86%)
PRL 13.90 Decreased By ▼ -0.10 (-0.71%)
SILK 1.10 Increased By ▲ 0.07 (6.8%)
SNGP 40.85 Decreased By ▼ -0.20 (-0.49%)
TELE 6.58 Increased By ▲ 0.23 (3.62%)
TPLP 11.45 Decreased By ▼ -0.16 (-1.38%)
TRG 94.61 Increased By ▲ 4.01 (4.43%)
UNITY 12.29 Decreased By ▼ -0.06 (-0.49%)
WTL 1.28 Increased By ▲ 0.17 (15.32%)
BR100 4,129 Increased By 30.5 (0.74%)
BR30 13,984 Increased By 131.4 (0.95%)
KSE100 41,340 Increased By 375.5 (0.92%)
KSE30 14,663 Increased By 131.5 (0.91%)
Follow us

ISLAMABAD: An accountability court adjourned the Liquefied Natural Gas (LNG) case against former premier Shahid Khaqan Abbasi and others till January 10 due to the absence of defence counsel.

Newly-appointed Accountability Court-II Judge Nasir Javed Rana after assuming charge took up the LNG case against Abbasi and others but the prosecution informed the court that defence counsel are not available.

The prosecution briefed the court about the case and then the court adjourned the hearing till January 10. The tenure of former Accountability Court-II judge Azam Khan expired on October 27. The government on December 19 appointed District and Sessions Judge Nasir Javed Rana as the new judge of the Accountability Court for a term of three years.

The Accountability Court-II judge Muhammad Azam Khan during his tenure heard the case regarding award of the LNG Terminal to ETPL that allegedly caused a loss of Rs21.584 billion to the exchequer.

The NAB on December 4, 2019, filed an LNG case before the AC. Those who are nominated in the reference for allegedly misusing their authority include Abbasi, Finance Minister Miftah Ismail, ex-managing director (MD) Pakistan State Oil (PSO) Sheikh Imranul Haque, Agha Jan Akhtar, former chairman Port Qasim Authority (PQA), Saeed Ahmed Khan, former chairman Oil and Gas Regulatory Authority (Ogra), Aamir Naseem, former member oil Ogra, Uzma Adil Khan, chairperson Ogra, Shahid M Islam, former MD PSO, and Abdul Samad Dawood.

The bureau on August 6, 2020 filed a supplementary reference against former prime minister Shahid Khaqan Abbasi and others, in connection with the LNG case.

The bureau has nominated Abbasi, Abdul Khaqan Abbasi, son of Shahid Khaqan Abbasi, former finance minister Miftah Ismail, ex-MD PSO Sheikh Imranul Haque, Agha Jan Akhtar, former chairman PQA , and Saeed Ahmed Khan, former chairman OGRA, in the supplementary reference.

The other accused include, Aamir Naseem, former member oil OGRA, Uzma Adil Khan, chairperson OGRA, Shahid M Islam, former MD PSO, and Abdul Samad Dawood Director Engro Corporation Limited, Hussain Dawood Chairman Engro Corporation Limited, M/s QED Consultant UK through its MD Phillip Nutman, Maverick Advisory through its CEO Sana Sadiq, Muhammad Amin MD Sui Southern Gas Company Limited (SSGCL), and Chaudhry Muhammad Aslam.

Copyright Business Recorder, 2022

Comments

1000 characters

Defence counsel remain absent: AC adjourns LNG case against Khaqan till 10th

SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end

Opportunity to end the impasse still exists: Yes, CJP is already looking for silver lining

KE seeks amendments to tax laws

IMF continues its engagement with govt: Porter

CMOs miss most of the KPIs: PTA

SAPM advocates introduction of ‘constitutional court’

8-member SC bench to hear pleas against SC Act on Thursday

Benami assets: FBR may be empowered to invoke Sec 111 of IT Ord

Builders, developers: Govt may extend tax incentives

Russian oil: first shipment likely to reach by first week of June