ISLAMABAD - An accountability court has adjourned the hearing of multibillion rupees Oil and Gas Regulatory Authority (OGRA) scam till 2nd January 2014 and directed the National Accountability Bureau (NAB) to submit the final challan of the scam on the next hearing.  According to details, despite clear directions of the accountability court for submitting final challan of the scam amounting to Rs 120 billion, the NAB failed to meet the deadline given by the AC-1 Islamabad and its prosecutor requested the court for more time to finalise the reference.

Earlier the NAB obtained two weeks time for the submission of final reference regarding multibillion rupees OGRA scam as the accountability court had directed the prosecution wing to submit the final challan before December 2.

According to sources, after the final approval of the reference from the EBM and the Chairman NAB, the final challan regarding the accused and involved persons would be submitted to the accountability court for further legal course of action.

Earlier, the court directed the NAB to accomplish the final report by November 4 and submit it to the court for further trial of the OGRA scam. The investigation team completed and submitted the final interrogation and investigation report to the NAB authorities in time before the court deadline for final approval, the sources added. The amount of the OGRA scam has increased up to Rs120b as the federal watchdog has already filed an interim reference of Rs 44 in the AC-1. Finally, the NAB found 11 accused allegedly involved in the OGRA scam, including former Prime Minister Yousaf Raza Gilani, former advisor to president Dr Asim Hussain, energy tycoon Iqbal Z Ahmed, Mirza Mehmood Advocate, former chairman OGRA Tauqir Sadiq, and other five officials from gas utility companies like SNGPL and SSGCL, the sources added.