- Chairman Qamar Zaman chairs executive board meeting
The National Accountability Bureau (NAB) on Tuesday decided to authorize three investigations during its executive board meeting, held here under Chairman Qamar Zaman Chaudhry at the NAB Headquarters.
The first investigation was authorised against Sheladia Associates Pakistan and officials of the Sheladia Associates Pakistan and others in construction of 22km Barang Road in FATA. In this case, the accused persons were alleged for over payment and obtaining kickbacks/commission from the contractors, causing Rs 89.959 million loss to the national exchequer.
The second investigation was authorized against officials of GDA and others in which the accused persons were alleged for misuse of authority regarding illegal allotment of plots. Thus caused a loss of Rs 45 million to the national exchequer.
The third investigation was authorised against M/s Pakcom (Insta Phone) and others. In this case, the accused persons were alleged for willful default in payment of outstanding dues to Pakistan Telecommunication Authority (PTA). Thus caused a loss of Rs 21.624 billion to the national exchequer.
The executive board decided to authorise 11 inquiries, including Managing Committee of the Ministry of Interior Employees Cooperative Housing Society, former Punjab University vice chancellor Dr Mujahid Kamran and some sugar mills. At the end, Qamar Zaman said that NAB was committed to eradicate corruption by adopting zero tolerance policy.