ISLAMABAD – National Accountability Bureau (NAB) has arrested Miftah Ismail when his bail plea rejected by Islamabad High Court (IHC) in the LNG terminal case.
The former finance minister was on pre-arrest bail which ended on Wednesday (today) and he approached the IHC for an extension.
The court, however, rejected applications for extension filed by Ismail and former Pakistan State Oil (PSO) managing director Sheikh Imranul Haq.
Both men were then taken into custody by NAB officials.
On July 18, NAB had arrested former prime minister Shahid Khaqan Abbasi for his alleged involvement in the LNG case.
In 2018, the anti-corruption watchdog had initiated an inquiry against former premiers Abbasi and Nawaz Sharif over alleged misuse of authority.
Abbasi and others had been accused of illegally awarding LNG terminal contract for a period of 15 years to a company of their liking in violation of defined rules, ‘thus inflicting billions of rupees losses to the national exchequer’.