Court declares Lt Gen (R) Zahid Ali Akbar as ‘absconder”
Zahid appropriated illegal properties and got them registered in name of his son and wife
LAHORE
National Accountability Bureau (NAB) on Thursday submitted the list of illegal properties appropriated by the former chairman Water and Power Development Authority (WAPDA) and Pakistan Cricket Board (PCB) Lt. Gen (R) Zahid Ali Akbar in the name of his close relatives (Benamidar Beneficiaries), for attachment in the accountability court.
NAB had initiated the investigation against Zahid which revealed that he had been misusing his office to make illegal assets worth billion of rupees, in the name of his close relatives, mainly his wife and son. NAB revealed that Zahid fled to America instead of cooperating with the bureau. NAB filed a reference in accountability court under section 31-A of NAB Ordinance.
The court during the hearing of said reference declared Zahid Ali Akbar as an ‘absconder’ due to his absence. NAB failed to bring Zahid back to Pakistan and on Thursday submitted the list of illegal properties related to him for attachment in the accountability court.
The judicial remand of Sheikh Afzal was extended to October 22 by an accountability court on Monday. Afzal, owner of Haris steel mills is accused of defaulting on a loan, which was issued by the National Investment Bank. The court directed the national accountability bureau to conclude the investigation of the case by the next date of hearing. Moreover, the judicial remand of Bank of Punjab (BOP) former President Hamesh Khan was extended till October 22, by an accountability court on Thursday. The court directed the national accountability bureau (NAB) to file the fraud reference against the accused by the next date of hearing. American nationality holder Hamesh Khan is the key figure of BOP fraud case in which 12 billion rupees have allegedly been embezzled. Hamesh is charged with the illegal issuance of loans amounting to 5 million rupees for personal benefit. Hamesh managed flee the country even though he had been placed on the exit control list by the interior ministry. He was arrested in America and was brought back to Pakistan by the NAB.
List of illegal appropriations by Zahid Ali Akbar
Plot No. 1 500 square yard Dura Shah Noor Gharial Camp Murree Mrs. Nadeem Akbar (wife)
Plot No. 588-X 1 kanal Defense Housing Authority Mrs. Nadeem Akbar (wife)
Plot No. 45-Y 2 kanal Defense Housing Authority Salman Ali Akbar (son)
Plot No. 46 2 kanal Defense Housing Authority Mrs. Nadeem Akbar (wife)
Plot No. 11-B 2 kanal IEP Co-operative Housing Society Lahore Mrs. Nadeem Akbar (wife)
Plot No. 49-D/1 2 kanal IEP Co-operative Housing Society Lahore Mrs. Nadeem Akbar (wife)
Plot No.327-G Phase-V, DHA Lahore Yasir Ali Akbar (son)
Plot No.391-M Phase-VI, DHA Lahore Mrs. Nadeem Akbar (wife)
Plot No.181-CC Phase-V, DHA Lahore Yasir Ali Akbar (son)
Plot No. 28-CCA
(Commercial) 9 kanal Phase V, DHA Lahore Mrs. Nadeem Akbar (wife)
Plot No. 193-BB 10 marla Phase IV DHA Lahore Mrs. Nadeem Akbar (wife)
