NAB approves filing corruption references, inquiries against former PID chief, others

ISLAMABAD: The Government Board assembly of the Nationwide Accountability Bureau (NAB-EBM) on Thursday accorded approval of submitting 4 corruption references and three inquiries towards former Press Info Division (PID) director common (DG) Chaudhry Rasheed Ahmed and others on the allegations of inflicting losses value tens of millions of rupees to the nationwide exchequer.

The assembly was chaired by NAB Chairman Justice (r) Javed Iqbal who accorded approval of submitting the corruption references and inquiries towards Chaudhry Rasheed Ahmed and others for allegedly making an abortive try of withdrawing Rs28.5 million from the nationwide exchequer in collaboration with an promoting company by sheer abuse of authority. “The try was foiled by Pakistan Agricultural Analysis Council (PARC),” a NAB press launch stated.

The assembly additionally accorded approval for submitting one other corruption reference towards Naeemuddin Khan, former Financial institution of Punjab president and others. This group of males have been accused of being concerned within the sale and buying of the financial institution’s shares by abuse of authority by inner buying and selling, which inflicted a lack of Rs10.385 million to the nationwide kitty.

The assembly additionally accorded approval of submitting a corruption reference towards Ghulab Khan, secretary Karachi Port Belief (KPT) Officers Cooperative Housing Society and others for allegedly allotting state land to their private contacts which inflicted a lack of Rs110 million to the nationwide exchequer.

Additional, the submitting of a corruption reference towards former Sindh Constructing Management Authority (SCBA) DG Manzoor Qadir and others was additionally accepted on the accusation of allotting state land in Nehra Khayam to Messers Good friend Associates illegally, an act that inflicted Rs3 billion losses to the nationwide exchequer.

The assembly additionally accepted the submitting of three inquiries towards former Agricultural Improvement Financial institution Restricted (ZTBL) Chief Working Officer (COO) Syed Talat Mehmood and others together with Nationwide Meeting (NA) member Nasir Iqbal and former Secretary to Punjab Chief Minister and Messers Zardari Group Personal Restricted Imdadullah Bosal whereas it was determined that an inquiry towards officers of the Punjab Renewable Power Firm Restricted and officers of Quaid-e-Azam Wind Energy Firm Restricted can be closed owing to the absence of incriminating proof.

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