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KP NAB deposits Rs 40.12m in national exchequer

byCT Report
16/12/2016
in Business
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PESHAWAR: National Accountability Bureau (NAB) Khyber Pakhtunkhwa has deposited an amount of Rs 40.12 million recovered from accused Javid Khan, Budget Officer Khyber Pakhtunkhwa Police Department in national exchequer.

A team of NAB KP raided the house of Budget Officer Javed Khan of Police Department KP on 26th February, 2016, recovered Rs 40.12 million cash and expensive weapons during the house search, said a press issued here on Friday.

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Accused Javed Khan, Police Department KP and Arshid Majeed (Contractor) were arrested by NAB (KP) on 21st February, 2013.

On receipt of complaints, Director General NAB KP had authorized an inquiry against Police Officers Khyber Pakhtunkhwa and others for alleged embezzlement in procurement of weapons, equipment and vehicles in 2009-10 by violating Government rules thus causing huge loss to state exchequer.

During the course of inquiry, it was revealed that gross violation of procurement rules were committed by the purchase committee in awarding tenders to favourite contractors who had no previous experience of supplying such items and for which payments were made in advance.

The inspection committee was also found responsible for not carrying out tests and trials of weapons, ammunition and equipment according to procedure and obtained clearance reports from agencies concerned and amount has been recovered from persons concerned.

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