ISLAMABAD: The Senate Standing Committee on Finance has decided to send Multan Metro Bus projects, Punjab Bank fraud case and Rs 480 billion circular debt issue to the National Accountability Bureau (NAB) for further investigation.
A meeting of the Senate Standing Committee on Finance, presided over by Senator Saleem Mandviwalla, decided to send the three important cases to NAB as the government agencies, including Securities and Exchange Commission of Pakistan (SECP), Federal Board of Revenue (FBR), State Bank of Pakistan and others institutions, were not cooperating with the committee.
During the meeting, Mandviawalla opined that since the government institutions were not replying to queries of the committee, the cases should be sent to NAB for investigation. “Instead of probing such cases and reaching a conclusion on our own, we should forward the cases to the relevant agencies for investigations,” he said.
Senator Mohsin Aziz said that the committee cannot wait for years to get a response from the relevant authorities in this matter. Later the committee decided to forward the cases, including the circular debt case, which was to be investigated by NAB per the committee’s decision.
