NAB approves to file three corruption references

F.P. Report

ISLAMABAD: National Accountability Bureau (NAB) on Monday accorded appr-oval of filing three corruption references against various personalities including former Vice Chancellor Punjab Univeristy, Dr Mujahid Kamran for inflicting losses to national exchequer.

The Executive Board Meeting (EBM) of anti graft watchdog, chaired by Justice Javed Iqbal also okayed conducting six investigations against various persons on the allegations of inflicting million of rupees losses to national exchequer, a press release said.

The EBM accorded approval of filing three corruption reference against Tariq Qazi, Chief Executive Officer NTDC and others on the allegations of illegally investing Rs 200 million in Trust Investment Bank and consequently inflicting Rs 165.86 million losses to the national exchequer.

EBM accorded approval of filing another reference against Javed Pervaiz, former Chief Executive Officer, Islamabad Electric Supply Company (IESCO) and others for investing Rs120 million in Trust Investment Bank thus inflicted Rs 120 million losses to national kitty.

The EBM okayed filing another reference against Dr Mujahid Kamran, former Vice Chancellor, Punjab University and others for illegally recruiting  454 persons in contrary to rules and regulations and giving scholarships to favourites which caused heavy losses to national exchequer.

The EBM also accorded approval to conduct six investigations against officers of foreign, Interior ministries, former prime minister, former minister for petroleum and natural resources and relevant Secretary,  management of Sui Southern Gas company, Interstate Gas System, messers Ellen G Terminal Pakistan Limited and others, Jam Khan Shoro , former minister for local bodies, officers of revenue department, Sindh and others,  officers of Balochistan Enegrated Water Resource Management and Development Project, Revenue Department , Tehsil Fort Abad. The meeting was attended by Deputy Chairman NAB, Prosecutor General Accountability, DG Operations and other senior officers.

The Frontier Post

Recent Posts

PHC stops NAB proceedings against Chinese company

Humayun Khan PESHAWAR: A divisional bench of Peshawar High Court (PHC) comprised of Justice Ijaz…

3 hours ago

EU army may be unlikely but unity on defense a must

Khaled Abou Zahr An exhibition of Western military equipment captured from Ukrainian forces by Russia…

3 hours ago

How retail can regenerate historic districts

Fady Halim and Joe Rached The growth of GCC cities has been remarkable. Between 1970…

3 hours ago

The Middle East’s ‘1989 moment’

Faisal J. Abbas There were a hectic but fruitful few days in Riyadh this week…

3 hours ago

Active Clubs: A new far-right threat to democratic elections

Broderick McDonald Across North America and Europe, the far-right Active Clubs movement is expanding at…

3 hours ago

This website uses cookies.