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Home Breaking News

LNG case: NAB freezes assets of Shahid Khaqan Abbasi, Miftah Ismail

byCT Report
21/07/2020
in Breaking News, Islamabad, Latest News
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ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday frozen the moveable and immovable assets of Shahid Khaqan Abbasi and Miftah Ismail in LNG case.

According to details, the above mentioned persons have been stopped from transferring ownership of vehicles and property.

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The anti-graft watchdog has also stopped the transfer of already sold vehicles of Shahid Khaqan Abbasi.

On the other hand, the accountability court has reserved its decision on plea of Shahid Khaqan to allow the transfer of the vehicle.

The accountability court in June had directed the National Accountability Bureau to file a supplementary reference against former prime minister Shahid Khaqan Abbasi in the Liquefied Natural Gas (LNG) terminal case.

Earlier, the Islamabad High Court (IHC) granted bail to former finance minister Miftah Ismail and former prime minister Shahid Khaqan Abbasi in the Liquefied Natural Gas (LNG) case.

Former prime minister Shahid Khaqan Abbasi, Miftah Ismail, ex-PSO MD Imranul Haq and others are facing charges of corruption over awarding a LNG import contract allegedly at exorbitant rates in 2015, which caused a big loss to the national exchequer.

NAB sources said that Abbasi, in 2013, had awarded a LNG import and distribution contract to the Elengy Terminal in violation of the Public Procurement Regulatory Authority (PPRA) rules and relevant laws.

 

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