Money laundering: NAB orders probe against FM Asif

F.P. Report

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal has ordered an inquiry into money laundering charges against Foreign Minister Khawaja Asif.

The NAB spokesman said that the inquiry will be held on the basis of alleged allegations.

He said that the NAB will also get the stance of Khawaja Asif and final decision will be made afterwards.

Also on Wednesday, NAB Chairman Justice (r) Javed Iqbal ordered complaint verification against National Highway Authority (NHA) for alleged irregularities of billions of rupees in the award of contract for Multan-Sukkur Motorway by the authority and alleged corruption.

The NAB chairman also ordered complaint verification against Punjab MPA from Gujranwala Sohail Zafar for having assets beyond known sources of income.

He further ordered complaint verification against former finance minister Ishaq Dar and Securities and Exchange Commission of Pakistan (SECP) Member Policy Board Usman Saifullah for alleged irregularities in appointments in the SECP.

NAB has made it clear that the complaints are being verified on receiving objections against the accused for allegations of corruption.

Moreover, NAB will provide ample opportunity to all concerned for presenting their point of view and after that, if needed, legal proceedings will only be taken against the accused persons as per law.

Furthermore, National Accountability Bureau (NAB), Rawalpindi has started an inquiry against authorities of Bank of Punjab (BoP) for misusing authority and causing loss to national exchequer in affairs of manipulation of shares.

The inquiry has been initiated on direction of Chairman NAB, Justice (Retd) Javed Iqbal, a statement issued here said on Wednesday.

In another case, the Bureau arrested a Proclaimed Offender (PO) Abdul Hameed in case of Islamic Traders of Modarba on charges of corruption, corrupt practices and cheating public at large in ploy of Islamic mode of investment.