ISLAMABAD: The National Accountability Bureau (NAB) Tuesday authorized investigations in three corruption scandals that caused a total of Rs 156.583 million loss to national exchequer.
The Executive Board (EB) of National Accountability Bureau (NAB) was held under the Chairmanship of Qamar Zaman Chaudhry, Chairman NAB at NAB Headquarter.
The Executive Board decided to authorize three Investigations. First Investigation was authorized against Sheladia Associates Pakistan, its officials and others in construction of 22 km Barang Road in FATA.
In this case, the accused persons were alleged for over payment and obtaining kickbacks from contractors that caused a loss of Rs. 89.959 million to the national exchequer.
Second Investigation was authorized against officials of GDA and others. In this case, the accused persons were alleged for misuse of authority regarding illegal allotment of plots and caused a loss of Rs45 million to the national exchequer.
Third investigation was authorized against M/s Pakcom (Insta Phone) and others. In this case, the accused persons were alleged for willful default in payment of outstanding dues to Pakistan Telecommunication Authority (PTA) that caused a loss of Rs. 21.624 billion to the national exchequer.
The Executive Board (EB) decided to authorize eleven (11) inquiries. First inquiry was authorized against Managing Committee of Ministry of Interior Employees Cooperative Housing Society, Raja Ali Akbar and others. In this case, the accused persons were alleged for less land supplied by Raja Ali Akbar than the payments made by Managing Committee of Ministry of Interior Employees Cooperative Housing Society. Thus caused a loss of Rs. 144 million to the national exchequer.
Second inquiry was authorized against Dr. Mujahid Kamran, Vice Chancellor (VC), University of the Punjab. In this case, the accused person is alleged for misuse of authority and cheating public at large. Thus caused a huge loss to the national exchequer.
Third inquiry was authorized against officers/officials of MEPCO and others. In this case, the accused persons were alleged for misuse of authority and caused a loss of Rs.50 million to the national exchequer.
Fourth inquiry was authorized against Abdul Ghaffar Memon S/o Abdul Sattar Memon, government Contractor. In this case, the accused person is alleged for Suspicious Transaction Report (STR) referred by State Bank of Pakistan under 31-D of NAO.
Fifth inquiry was authorized against Chairman/Director M/s Aeroluba Pvt Ltd and others. In this case, the accused persons were alleged for misuse of authority and misappropriation of JP-1 supplies by the management of Aerolube Pvt Ltd by supplying the prohibited JP-1 to open market instead of aviation. Thus caused a loss of Rs2370 million to the national exchequer.
The Executive Board decided to authorize six different inquiries against following six Sugar mills namely M/s Abdullah Sugar Mills (Formerly Yousaf Sugar Mills) Lahore, M/s Abdullah Sugar Mills Depalpur/Lahore, M/s TMK Sugar Mills Karachi, M/s Seri Sugar Mills Karachi, M/s Tandianwala Sugar Mills Lahore and M/s Haseeb Waqas Sugar Mills Lahore for their alleged involvement in misappropriation of funds.
