The Executive Board Meeting (EBM) of the National Accountability Bureau (NAB), which met under the Chairmanship of Mr. Qamar Zaman Chaudhry on Wednesday, decided to file a corruption reference against former Pakistan Steel Mills (PSM) chairman Moeen Aftab Sheikh.
Sheikh is accused of causing a loss of Rs 378.196 million to the national exchequer through misuse of authority.
The Executive Board decided to authorise seven (7) inquiries. The first inquiry was authorised against former minister for population Sindh Syed Ali Mardan Shah, and others. In this case, the accused persons were accused of misappropriating public funds of millions of rupees, encroachment and construction of shops on government property and accumulation of huge assets through illegal means.
The second inquiry was authorised against Federal Board of Revenue (FBR) former Member Admin, Shahid Hussain Jatoi, and others. In this case, the accused are being cheeked for alleged misuse of authority through corruption and corrupt practices, illegal gratification against promotions, appointments, and accumulation of assets beyond known sources of income.
The third inquiry was authorised against, University Education Vice Chancellor (VC) Dr. Faiz-ul-Hassan, and others. In this case, the accused persons were said to have made illegal appointments in the University of Education, Lahore.
The fourth inquiry was authorised against officials of Capital Development Authority (CDA), M/s Park Line Estate Company (Pvt) Ltd and others. In this case, the accused were thought to have made illegal transfers of land from the Punjab Forest Department by CDA officials to Pak Line Estate Company (Pvt) Ltd.
The fifth inquiry was authorised against Karachi Port Trust former general manager, Rauf Akhtar Farooqi, and others. In this case, the accused persons had allegedly misused authority by making appointments and regularising employees against the rules and procedures.
The sixth inquiry was authorised against, Bahaudin Zakariya University (BZU) Distance Education Director Dr. Ishaq Fani, and others. In this case, the accused person allegedly made illegal appointments of staff, embezzled funds while purchasing books and accumulated assets beyond known sources of income.
The seventh inquiry was authorised against Usman Malik and others. In this case, the accused person was allegedly involved in Suspicious Transactions forwarded by Financial Monitoring Unit of State Bank of Pakistan of Rs 19.69 billion in the accounts.
The EBM decided to authorise three investigations.
Only stories of inquiries – no results. Threw more than 150 cases into the Court's court, nobody knows what happened to them. Of course, Mr Sheikh is a big fish but corruption cases against Crocodiles have not been touched so far.
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