Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

NAB orders investigation against former army officers in corruption case

byCT Report
14/03/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The National Accountability Bureau has ordered an investigation against former army officials and civil servants of the Balochistan government in a corruption case.

The executive board meeting chaired by NAB Chairman Justice (retd) Javed Iqbal ordered the investigation against Lt-Gen (retd) Muhammad Afzal Janjua, Brig (retd) Iftikhar Mehdi, former secretary finance Balochistan Mehfooz Ali Khan and directors of M/s Allah Hu Holding Limited and officials of the Balochistan government in a case of embezzlement of Rs243 million.

You might also like

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

19/08/2026

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

The meeting also decided to file three corruption references and five inquiries.

The NAB executive board approved the first corruption reference against the owner of Safa Gold Mall Rana Abdul Qyum and officials of the Capital Development Authority in case of illegal approval of construction of additional floors of the mall in a posh area of the federal capital, causing a loss of million rupees to the national kitty.

The second reference was approved against former director-general Galyat Development Authority (GDA) Tariq Hayat Khan and others on charges of the misuse of power and illegally allotting land of the GDA on low rates, causing a loss of Rs90 million to the national exchequer.

The third reference was approved against former managing director Water and Sanitation Authority Quetta Hamid Latif Rana and others in a case of assets beyond the known source of income, causing a loss of Rs337 million to the national treasury.

The NAB authorized the first inquiry against the management of the National Highway Authority and others for their alleged involvement in awarding the contract of Karachi-Lahore Motorway Section-III-Abdul Hakeem (230-km) to M/s China Railway 20 Bureau Group Corporation. The illegal contract caused a loss of Rs14 billion to the national exchequer.

The second inquiry was launched against two ex-members of National Assembly, Muddasar Qayuom Nahra and Azhar Qyuom Nahra in a case of assets beyond the known source of income. The third inquiry was authorized against two individuals, Hafeezur Rehman and Qasim Shah over the allegations of corruption.

Related Stories

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

byCT Report
19/08/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs61 billion during fiscal year 2025-26, reaching Rs1.675 trillion by June 30,...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

Next Post

WTO chief warns US tariffs could bring potential ‘domino effect’

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.