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NAB summons PML-N president in Ashiana housing, Punjab Power Company scams

03:54 PM | 1 Aug, 2018
NAB summons PML-N president in Ashiana housing, Punjab Power Company scams
LAHORE - The National Accountability Bureau (NAB) has ordered Pakistan Muslim League –Nawaz (PML-N) president Shehbaz Sharif to appear on August 20 over his alleged involvement in the scandals of Ashiana Housing Scheme and the Punjab Power Company.

Shehbaz has already appeared before the anti-corruption watchdog in the Ashian housing case. His alleged 'right hand' and former chairman of Lahore Development Authority (LDA), Ahad Cheema, is already in the bureau's custody on judicial remand.

Last month, officials of the anti-graft body took senior bureaucrat Fawad Hassan Fawad in custody for his involvement in various corruption cases, including the Ashiana Iqbal Housing Scheme case.

https://en.dailypakistan.com.pk/pakistan/nab-summons-shehbaz-sharif-in-punjab-power-company-corruption-case/

Reports in local media suggest this time, the former CM Punjab has been summoned following the revelations made by Fawad during interrogation.

The NAB maintains that Fawad wrongfully awarded the Ashiana-e-Iqbal Housing Scheme's contract to the PMLN-N's 'blue-eyed', illegally ordered the shifting of nine CNG stations, and also worked in a private bank from 2005 to 2006 without official permission.

Moreover, while being the provincial health secretary, Fawad acquired six mobile health units which were purchased at a higher-than-market rate, according to a NAB spokesperson.

Fawad served as former PM Nawaz Sharif's principal secretary before he was removed from the post on June 1 this year. He was later appointed director general of Civil Services Academy, Lahore.

According to NAB, the contract for the housing scheme was won by a construction company titled Chaudhry Latif and Sons.

https://en.dailypakistan.com.pk/headline/nab-arrests-bureaucratic-biggie-fawad-hassan-fawad/

However, NAB says the then CM Shehbaz Sharif and his aides awarded the Rs14 billion contract to Lahore Casa Developers — a proxy group of Paragon City (Pvt) Limited, which is said to be owned by Railways Minister Saad Rafique.

Fawad, who was implementation secretary to the chief minister Punjab at the time, is accused of levelling charges of wrongdoings against Chaudhry Latif and Sons in order for the contract to be awarded to Casa Developers.

Daily Pakistan Global Web Desk

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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