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NAB to continue probe against Kamran Kayani

byCT Report
26/01/2018
in Business
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ISLAMABAD: The National Accountability Bureau has decided to continue investigation against Kamran Kayani, the younger brother of former army chief Gen Ashfaq Parvez Kayani, in a multibillion-rupee scam in the Defence Housing Authority.

NAB Chairman Justice (retd) Javed Iqbal chaired a meeting of the executive board (EB) here on Thursday and it was also decided to file eight corruption references and initiate 11 investigations and inquiries against politicians, businessmen and government officials.

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The NAB also decided to continue the investigation against the management of Elysium Holdings Pakistan for ‘illegally selling’ allotment certificates of plots of the DHA Islamabad.

The accused, Kamran Kayani, Hamad Arshad and Waseem Aslam Butt, the ex-chief executive of the company, are already under investigation in this case. The NABexecutive board authorized an inquiry against local and international non-governmental organizations in the embezzlement of funds.

The NAB board also authorized an inquiry against Mir Jan Mohammad Khan Jamali, former speaker of Balochistan Assembly, and Deputy Chairman of the Senate and his secretary Azam Devi on charges of misuse of powers and illegal appointments.

The anti-graft bureau also decided to file a corruption reference against Syed Asif Akhtar Hashmi and others for illegal appointments in Pakistan Model Educational Institutions.

The second reference was approved against Khalid Mehmood Chaddar and others on charges illegally purchasing 800-kanal, causing a loss of billions of rupees to the national exchequer.

A third reference was authorised against Mian Abuzar Shah and others for selling government land at low price against the actual cost. The NAB authorized to file the fourth reference against ex-chief secretary Sindh Siddique Memon and others for allotting six acres on fake documents causing a loss of Rs550 million to the national exchequer. The fifth corruption reference was approved against ex-additional chief secretary Balochistan Ali Zaheer and others for giving contracts to favourite companies and violating rules.

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