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

Purchase of expensive locomotives: NAB starts probe against Saad Rafique

byCT Report
17/12/2018
in Business
Share on FacebookShare on Twitter

LAHORE: The National Accountability Bureau (NAB) has started a new investigation against former railway minister Khawaja Saad Rafique for purchasing engines of train at the exorbitant price.

Sources said that the train engines which were bought by India at the cost of Rs250 million, Saad Rafique purchased the same at the price of Rs400 million.

You might also like

PIA buyers receive Rs14.2b in properties under privatisation deal

15/07/2026

IHC approves Telenor Pakistan-Ufone merger

14/07/2026

Further, the anti-graft watchdog has also been investigating Khawaja Salman Rafique for his alleged involvement in the health department for buying medicines and machinery at extortionate rates.

The NAB arrested Khawaja Saad Rafique and Khawaja Salman Rafique on December 11 after the Lahore High Court rejected their bail plea in the case pertaining to Paragon City housing society scam.

NAB had launched an investigation into the alleged scam in November after a number of victims staged protests and held a press conference at the Lahore Press Club against what they termed housing society’s fraud.

Last month, in a major development, Qaiser Amin Butt, a director of the Paragon City (Pvt) Limited, became an approver against PML-N stalwart Khawaja Saad Rafique in the Paragon City scandal.

Related Stories

PIA buyers receive Rs14.2b in properties under privatisation deal

byCT Report
15/07/2026

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

IHC approves Telenor Pakistan-Ufone merger

byCT Report
14/07/2026

ISLAMABAD – The Islamabad High Court (IHC) has approved the merger of Telenor Pakistan Private Limited with Pakistan Telecom Mobile...

‘Pakistan’s seafood export hits record $ 568 million’

byCT Report
13/07/2026

ISLAMABAD: The Federal Minister for Maritime Affairs in Pakistan, Muhammad Junaid Anwar Chaudhry, has said that Pakistan’s seafood exports reached...

Govt raises jet fuel price by Rs13.23 per litre

byCT Report
11/07/2026

ISLAMABAD: The government has increased the price of jet fuel by Rs13.23 per litre, according to official sources, marking another...

Next Post

Norway's business organization worried about chaotic conditions after Brexit

  • 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.