NAB seeks details of Shahid Khaqan’s assets

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ISLAMABAD: The Nationwide Accountability Bureau (NAB) Saturday summoned particulars of the belongings owned by former prime minister Shahid Khaqan Abbasi in connection to investigation of the liquefied pure gasoline (LNG) contract.

The previous PM has been directed to submit all particulars throughout ongoing probe of the accountability watchdog.

The NAB has additionally warned Abbasi of sentencing him if he didn’t cooperate with the authority.

Abbasi had not appeared earlier than the Nationwide Accountability Bureau in reference to a probe into the case on March 7.

Learn: NAB records statement of Shahid Khaqan Abbasi in LNG scam case

The Pakistan Muslim League – Nawaz (PML-N) chief had written a letter to the bureau, stating that he couldn’t seem as he was in a foreign country. He requested NAB to reschedule his look after March 17.

NAB is probing a case instituted in opposition to Abbasi in 2015 for allegedly awarding a LNG import contract at exorbitant charges, which precipitated a possible $2 billion loss to the nationwide exchequer.

It accused Abbasi of misusing his powers throughout his stint as petroleum minister. The case was registered on a criticism by Shahid Sattar – an power professional and former member of the Planning Fee and the SSGC board of administrators – on July 29, 2015.

In keeping with the bureau, the contract for the LNG import and distribution was awarded to the Elengy Terminal in 2013 in violation of the Public Procurement Regulatory Authority (PPRA) guidelines and related legal guidelines.

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