NAB launches multiple inquiries over allegations of corruption, abuse of authority
The NAB Executive Board meeting held on Wednesday, under the chair of Justice (retd) Javed Iqbal, approved launching an inquiry against former chairman, Pakistan Railways, Arif Azeem and others for purchase of 58 locomotives and 40 power vans through a handpicked company that inflicted a loss of Rs19,900 million to the national exchequer.
The participants also authorised inquiry against the management of NTDC, board of directors and others as the board has been accused of appointing Fayyaz Chaudhry as NTDC managing director without experience and ability that caused loss of Rs20.4 million to the national kitty.
The Board also authorised the filing of a reference against the management of National Highway Authority and others as they have been accused of allotting toll plazas to their favourites and establishing illegal CNG stations at Rawalpindi by the NHA management which caused millions of rupees loss to the national kitty.
The anti-corruption body also authorised filing another reference against former vice chancellor Federal Urdu University Dr Zafar Iqbal for opening illegal sub-campus of the Federal Urdu University at Lahore and corruption causing Rs16.5 million losses to the national kitty.
The accountability watchdog authorised another inquiry against the Managing Director, Utility Stores Corporation of Pakistan, and officers of the Ministry of Industry and Production and others; they have been accused of abuse of authority, corruption and shifting amount from the NBP accounts to private banks causing Rs03 billion losses to the national kitty.
The NAB Executive Board authorised filing a corruption reference against Karachi Port Trust Cooperative Housing Society Secretary, Ghulab Khan, and others for their alleged illegal allotment of commercial plots, thus causing billions of rupees loss to the national kitty.
It approved inquiry against the adviser to Chairman KASB Bank and others for withdrawing Rs03.114 billion illegally. The investigation was authorised against the officers and officials of the Pakistan Steel Mills for confirming contract and daily wage employees by abusing authority causing Rs06.69 billion loss to the national kitty.
The NAB Board also authorised against former Labour Minister Khyber Pakhtunkhwa (KP) Sher Azam and others for buying land in violation of rules which caused Rs107.5 million loss to the national kitty. It approved another corruption reference against former Pepco MD Munawar Baseer Ahmed and others allegedly of inflicting Rs01.3819 billion loss to the country.
The Board also approved inquiry against the officials of Pak PWD, KP, for awarding contracts to their favourites and corruption by making fake schemes. They inflicted Rs2 billion loss to the national kitty.
The executive board also authorised an inquiry against a Chinese electronics company, officers of Higher Education Commission and others for allegedly selling laptops to the Higher Education Commission (HEC) on higher rates causing millions of rupees losses to the national exchequer.
Another inquiry was approved against officers, officials and others of the Bank of Khyber, Peshawar, for appointing 1,400 people by abusing authority. They have also been accused of doling out heavy debt to Pasco and Punjab Food Authority, inflicting losses to the national kitty.
The NAB Executive Board also authorised filing another reference against former DG Excise and Taxation, Balochistan, Muhammad Qasim Baloch, for registering vehicles in a fake and illegal way that caused Rs15 million losses to the national kitty.
The Board meeting authorised another inquiry against the former MD and other directors of the Pakistan Petroleum Limited for devouring funds.
The NAB Board approved closing investigation against former MNA Raheela Kausar and others due to lack of incriminating evidence against her besides authorising inquiry under the NAB ordinance against the complainant for lodging baseless complaint against her.
The Board approved closing inquiry against officers and officials of the National Bank of Pakistan, Bahrain, owing to the absence of solid proof.
Chairman Affirms Weeding Out Corruption
"NAB officers consider the elimination of corruption as their main responsibility as they are trying to make the country corruption free," he asserted and directed the officers to perform their duties with dedication, transparency and in accordance with law.
The chairman directed the staff to conclude inquiries within the time frame of 10 months in light of the available evidence he said and directed
"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 the law," stated the communique.
- Missing instructor pilot’s body recovered from Balochistan03:49 PM | 5 Dec, 2021
- BANvPAK: Rain frustrates Shaheens and Tigers as Day 2 of second Test ...03:28 PM | 5 Dec, 2021
- Jhang Assistant Commissioner gunned down over enmity in Chiniot02:29 PM | 5 Dec, 2021
- Take a look inside Fawad Khan’ star-studded birthday bash in Dubai01:52 PM | 5 Dec, 2021
- Co-actor held for recording, sharing nude videos of stage actors in ...11:49 AM | 5 Dec, 2021