KARACHI: Former finance minister Miftah Ismail on Tuesday approached the Sindh High Court (SHC) to get pre-arrest bail in an inquiry of National Accountability Bureau (NAB).
Fearing possible arrest by NAB, the Pakistan Muslim League-Nawaz (PML-N) leader and former minister approached SHC for protective bail. He is currently facing the NAB investigation in the liquefied petroleum gas (LNG) terminal scandal.
The PML-N leader has stated in his plea that the NAB is carrying out baseless inquiry against him.
He requested the court to grant him protective bail.
“I am ready to cooperate with the NAB in its inquiry in the LNG scam,” he assured the court
The court approved his protective bail for 10 days against Rs0.2million surety.
The NAB had reopened investigation into LNG scandal against former prime minister Shahid Khaqan Abbasi and others in October 2018.
The file of the case was closed and it was on the backburner at Karachi office of the NAB.
The NAB is probing into a case registered in 2015 against Abbasi for awarding a liquefied natural gas (LNG) import contract which caused a potential $2billion loss to the national exchequer.
According to NAB documents, the contract for the LNG import and distribution was awarded to the Elengy Terminal in 2013 in violation of the Public Procurement Regulatory Authority (PPRA) rules and relevant laws.
