ISLAMABAD - The Supreme Court on Friday directed the Federal Investigation Agency (FIA) to recover the looted amount of Rs 420 million in the National Insurance Company Ltd (NICL) corruption case within two weeks.

A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry heard suo moto case regarding the violation of Public Procurement Rules 2004 in purchase loss of billions of rupees to public exchequer caused by the NICL.

At the outset of hearing, FIA Director (Legal) Azam Khan submitted an interim report pertaining to recovery of Rs 420 million in the scam. Expressing its annoyance over contents of the report, the bench rejected it and directed the authority to show progress in the case by recovering the looted money.

Acting Secretary Commerce Munir Qureshi told the bench that a joint secretary of the ministry had found the appointment of Sardar Ayaz Khan Niazi as the NICL chairman lawful. On this, the chief justice said prima facie the acting secretary was defying the court orders. Qureshi sought more time to probe the matter relating to appointment of Niazi.

The chief justice inquired from Azam about the reasons because of which the FIA failed to recover the money.

Azam apprised the bench that Waqar Haider was the FIA Lahore Director FIA, to which the chief justice remarked that in violation of court orders, Waqar had previously stopped the transfer of Zafar Qureshi, the former head of the FIA team investigating the scam who was later appointed the Inspector General Police Gilgit-Baltistan, adding that Haider was also facing contempt of court action.  Azam further informed the bench that the FIZ DG had issued directives to the concerned investigation officer to complete the probe against Mohsin Habib Warraich, one of the accused in the scam, within a week.

However, he said the FIA had also contacted with the Interpol for arresting Warraich.

Later, the bench adjourned hearing of the case for two weeks.