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PRESS RELEASES

 
Date: 27-Dec-2017  
Title: NAB EBM - Important Decisions

ISLAMABAD, Dec 27, 2017: The Executive Board Meeting of National Accountability Bureau (NAB) chaired by Chairman Justice Javed Iqbal on Wednesday accorded approval to file six references four inquiries and eleven investigations.

The Board The Executive Board Meeting of National Accountability Bureau (NAB) on accorded approval to file reference against former Prime Minister Mian Muhammad Nawaz Sharif and incumbent Chief Minister Punjab Mian Shahbaz Sharif for allegedly constructing illegally two lanes road from Raiwind to Sharif Family’s residence and inflicting Rs 12.5crore to the National Exchequer.

The Board accorded approval to conduct investigations against Former minister Dr Baber Awan, former minister for water and power Raja Pervaiz Ashraf, former secretary law and Justice Masood Chishti, former secretary Shahid Rafi and former Director Ejaz Bashir for causing Rs113billion losses due to delay in Nandipur project.

The Board directed to file reference against former chairman Pakistan Tobacco Board Sahibzada Khalid. The accused had inflicted million of rupees for illegal employment case.

Another reference would be filed against former chairman Evacuee Trust Property Board Asif Hashmi for abuse of authority and allotting 450 plots thus causing billions of rupee losses to exchequer.

A Reference would be filed against Former Secretary labour Sindh Nasr Hayat and others buying two hundred acre land on higher rates thus inflicting Rs. 27.54 crore losses to exchequer.

The Board approved filing reference against former chairman WAPDA Tariq Hameed and others for abuse of authority. The accused had accorded approval to 136 MW rental power project in violation of PPRA rules. Investigation would also be conducted against former advisor KP CM Sikander Aziz. Officials of Rehabilitation department Peshawar for grabbing government land at Shooba Bazaar Peshwar transfer of land bringing loss of Rs. 40 million to national kitty. It was also approved to start investigation against former Chief Minister Baluchistan over allegations of receiving compensation of Rs. 1817 million from Government of Baluchistan which he distributed among his relatives. The meeting gave approval to initiate investigation against former Secretary Workers Welfare Fund Balochistan Mumtaz Ali Khan over misuse of power, corruption and purchasing sub-standard equipment for kidney center Quetta due to which loss of billions of rupees was faced.

The meeting gave approval to start investigation against former Member National Assembly Ghulam Haider Thind, former Commissioner Dera Ghazi Khan Fiaz Bashir and officials of revenue department for bringing loss of Rs. 600 million to national kitty and also misuse of power.

Over misuse of power and illegal allotment of government land, the meeting approved to start investigation against former Member National Assembly from NA-176 Sultan Mehmud Hinjra and others. It was also approved to start investigation against Directors Messers T&N Pakistan Private Limited Faisalabad, Riaz Ahmed Chawla and others over allegations of bank default of Punjab Bank and not returning Rs. 1539 million to the Punjab Bank.

The meeting approved to start investigation against former Prime Minister Syed Yusuf Raza Gilani and others over allegations of appointing Managing Director Syndic Metals Limited Muhammad Razaq Sanjrani in violation of law and bringing financial loss of Rs. 17.70 million.

It was also approved to initiate investigation against former Minister for Communications, Dr. Arbab Alamgir and former Member National Assembly Asma Arbab for having more assets beyond sources of income. Their assets have been told as Rs. 2.486 billion while they have not answered about having hundreds of millions of rupees in foreign banks.

The meeting also decided to start investigation against former Secretary Local Bodies Department KPK and sitting Additional Secretary Department of Revenue, FBR Hamad Owais Agha, former Secretary Local Bodies Department Khyber Pakhtunkhwa and sitting Managing Director Frontier Education Foundation Hifz ur Rehman, officials of Local Bodies Department Khyber Pakhtunkhwa and Chief Executive Officer as well as officers of Messers Ideal Hydro Tech System Private Limited. They have been facing allegations of embezzlement in installation of 1159 Water Filtration Plants in Project of Water for All in Khyber Pakhtunkhwa brining a financial loss of Rs. 800 million.

The meeting approved to file reference of corruption against former Vice Chancellor Federal Urdu University Dr. Zafar Iqbal. He has been accused of misuse of authority and embezzlement in government funds brining a loss of Rs. 102.24 million.

It was also directed to hold inquiry against Nadeem Zia Pirzada, Shama Nadeem, Razia Perveen, Saadi Perveen, Muneer Zia, Umer Zia, Khalid Hussain and Sajid Hussain. They have been alleged of transactions of suspected amount and matter was referred by State Bank of Pakistan to NAB.

It was also approved to hold inquiry against Nadeem Ahmed over allegation of transaction of suspected amount and matter was referred by State Bank of Pakistan to NAB. The meeting approved to hold inquiry against the officials of Revenue Department Karachi, Sindhand also against Chairman Summit Bank Ltd Nisar Lotha. They have been accused of illegal allotment of 5222 acres official land.

Over misuse of power and brining loss of Rs. 103.5 million to national kitty, the meeting approved to conduct inquiry against former Chief Executive Officer KASB Bank Nasir Ali Shah Bukhari and others. It also directed for investigation against former Chairman NICL Ayaz Khan Niazi and others.

The Chairman NAB ordered to complete all inquires and investigations at the earliest as per law and no case should be delayed for indefinite period.

 

 


 

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