ISLAMABAD - The Executive Board Meeting (EBM) of National Accountability Bureau yesterday authorized seven inquiries including Member National Assembly of ruling party Syed Iftikhar ul Hassan on allegations of accumulation of assets beyond known sources of income.
The EBM closed complaint verification (CV) against ex-Chief Minister Sindh Arbab Ghulam Rahim and others due to lack of incriminating evidence.
The Executive Board Meeting of NAB was held under the chairmanship of Qamar Zaman Chaudhry, Chairman NAB, at the NAB Headquarters here.
According to the details, PML-N MP Syed Iftikhar-ul-Hassan, through his secretary, and Amjad Gill invested a huge amount in a commercial plaza consisting of 500 shops in Dubai and built a rice mill at Sahuki worth Rs1,750 million, which are beyond his known sources of income.
The EBM authorized second inquiry against the management of M/s Power Pack and the accused persons were alleged for wilful loan default of Rs. 165.370 million in this case.
The case has been referred by State Bank of Pakistan under section 31-D. Maj (R) Kamran Kiyani is the sole proprietor of the loan obtained.
The third inquiry was authorized by Executive Board Meeting against an official of Federal Bureau of Revenue (FBR) and others and the accused persons in this case were accused of misusing authority in relaxing tax regime for some service providers and caused a huge loss to the national exchequer.
The EBM decided to authorize the fourth inquiry against officers of Pakistan State Oil (PSO), Management of Admore Gas Pvt Ltd (AGPL) and others.
In this case, the accused persons were alleged for misuse of authority for illegally awarding of contract of worth billions of rupees to Admore Gas Private limited (AGPL).The fifth inquiry was authorized against the management of PPL for selling a plot measuring 3510 square yards in Civil Lines Quarters Karachi at less than the market rates and caused a loss to the national exchequer.
The NAB EBM authorized the sixth inquiry against Zia ul Hassan Lanjar, former Advisor to CM, Sindh. In this case, the accused person is alleged for accumulation of assets beyond his known sources of income.
The seventh inquiry was authorized against Parveen Naeem Shah, Vice Chancellor (VC) Shah Abdul Latif University, Khairpur, Sindh, and others. In this case, the accused persons were alleged for Suspicious Transaction Report forwarded by FMU of State Bank of Pakistan under section 31-D.
The meeting also approved the Voluntary Return (VR) application of Rs. 2.17 million by Ch. Muhammad Shahid Mehmood, contractor in a case of inquiry against Haroon Khan, ex-Executive Engineering, Upper Jhelum Canal, Gujrat Division, Irrigation Department and others. The EBM also decided to close inquiry against officers of Capital Development Authority (CDA) and others, inquiry against Mian Muhammad Latif (ex-Director of Bank of Punjab), CEO, M/s Chenab Ltd & Group of companies, Lahore/ Faisalabad and other and inquiry against Dr. Zia ur Rehman, Ex-Chief Executive, Ayub Medical Institute, Abbottabad.
At the end, the Chairman NAB said that the bureau was committed to eradicate corruption by adopting the zero tolerance policy through awareness, prevention and enforcement strategy.
He directed all officers of NAB to work with more dedication and ensure transparency in conduct of complaint verification, inquiries and investigations against the corrupt in accordance with the laid down laws/SOPs of NAB.