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Ex-CFO PPDC indicted in Rs230m embezzlement case

byCT Report
07/04/2017
in Business
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LAHORE: An anti-corruption court on Friday indicted former chief financial officer of the Punjab Power Development Company (PPDC), Ikram Naveed, and others in Rs230 million embezzlement case.

Earlier, Anti-Corruption Establishment (ACE) produced the accused before Anti-Corruption Court Judge Murid Hussain. The court indicted the accused, though all of them pleaded not guilty and contended to contest the charges.

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At this, the court adjourning the matter till April 17 summoned witnesses for recording their statements. The indictment of the accused came after the ACE submitted a challan against the suspects in the court. The ACE had declared Ex-CFO and others guilty of embezzlement.

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