SC hints at proceeding in Mehran, HBL bank scam in absence of inquiry reports

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The Supreme Court on Monday hinted at proceeding in the Mehran and Habib Bank scam of 1990 in accordance with the law if the inquiry reports of the two separate commissions were not made available.
Chief Justice Iftikhar Muhammad Chaudhry said it was good if the inquiry reports were made available, otherwise the bench would undertake the exercise in accordance with law. A three-member bench headed by the chief justice resumed hearing of decades old petition moved by Air Marshal (r) Asghar Khan in 1996, regarding alleged distribution of money by former chief of army staff Mirza Aslam Baig and former ISI chief Asad Durrani, among the politicians during 1990 elections to keep the PPP from coming into power.
Younus Habib, former head of Mehran Bank, allegedly dished out Rs 140 million for the purpose. The petition was based on an affidavit of Durrani.
The bench on Monday once again asked for records of two missing inquiry reports over Mehran and Habib Bank scam during 1994-96 and granted time to Attorney General for Pakistan Irfan Qadir to continue his efforts in tracing out the reports upon his request. Irfan apprised the bench that with regards to the Mehran Bank scam, Fakhruddin G Ebrahim had handed over the original report to Shahid Hamid, the then defence minister and they had written a letter to him but his reply was still awaited.