Tag: Nab

LAHORE - The Race Course Police on Tuesday registered a case against three people including Kamran Gulzar, Shamshad Gulzar and Azam Shamshad for abusing and threatening a National Accountability Bureau (NAB) investigation officer of dire consequences.
According to details, NAB Investigation Officer Nadeem Sajid, investigating embezzlements in the Lahore Mass Transit System Project arrested accused Danish Shamshad involved in the aforementioned project's reference from

LAHORE - The National Accountability Bureau (NAB) Punjab on Monday arrested Danish Shamshad involved in the Lahore Mass Transit System Project reference from the accountability courts' premises. Danish is son and bona fide beneficiary of key accused Shamshad Gulzar who embezzled Rs 401.155 million from funds allocated for the Lahore Mass Transit System Project. NAB arrested him with permission of the accountability court.
Earlier, Advocate Saadia tried to take the accused out of

ISLAMABAD - Pakistan Muslim League-Nawaz (PML-N) spokesman Ahsan Iqbal on Saturday criticised the National Accountability Bureau's (NAB) decision of withdrawing cases registered on political grounds, saying it was illogical.
In a statement, he said the decision, taken at a time when the government and the PML-N teams were discussing the 10-point reforms agenda, had created more concerns and doubts over the role of the already controversial NAB in keeping a check on corruption.

ISLAMBAD - Despite repeated reminders, National Accountability Bureau (NAB) Chairman Justice (r) Deedar Hussain Shah has not submitted comments to the Supreme Court of Pakistan on the alleged disqualification of Sharmila Farooqi, adviser to the Sindh chief minister.
A well-placed source said for the past four months, the NAB chairman had "turned a deaf ear" to the SC order to submit comments on Sharmila's disqualification decided in a plea-bargain case on April 28, 2001. The

ISLAMABAD - Rejecting the Federal Investigation Agency's (FIA) report over the alleged corruption of Rs 22 billion in Pakistan Steel Mills (PSM), the Supreme Court directed the FIA on Monday to arrest the real culprits involved in the scam and submit a report on February 1.
The three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Muhammad Sair Ali and Justice Khalilur Rehman Ramday was hearing a suo motu case against the alleged scam in PSM. The court warned

LAHORE - The Lahore High Court (LHC) on Tuesday sought reply from the National Accountability Bureau (NAB) director general (DG) on a petition filed by Pir Syed Sibtul Hassan Gilani alias Double Shah seeking directions to NAB to decide his application for reduction of surety bonds from Rs 3 billion to 100 million to finalise his plea bargain. A division bench consisting of Justice Sheikh Ahmad Farooq and Justice Yawar Ali issued the order on a petition filed by Double Shah submitting

ISLAMABAD - The National Accountability Bureau (NAB) Chairman Justice (Rtd) Syed Deedar Hussain Shah on Wednesday approved closure of a sixteen-year old corruption inquiry against Defence Minister Ch Ahmed Mukhtar citing lack of 'substantial evidence'.
He issued directives while chairing the NAB Executive Board meeting held here. The meeting approved cases for filing references against notables from Punjab and Balochistan including former minister and PPP leader Mir Baz Mohammad

KARACHI - The authorities of National Accountability Bureau (NAB) Sindh, on Friday arrested two directors of private industry on allegations of willful loan default of Rs 174 million availed from National Bank of Pakistan (NBP). According to an announcement of NAB , accused Anwar Ahmed Rajwani and Salman Karim Rajwani were engaged in the business of garment manufacturing as ARK Garments.
The Karachi based industry availed financial facility of Rs 174 million from NBP in 1985 and

ISLAMABAD - The Supreme Court on Wednesday noted that the date of a summary of advice, issued from the Prime Minister's Office to the president to promulgate the National Accountability (Amendment) Ordinance 2010, seemed to have been tampered with.
"Prima facie, it appears that the letter written by Prime Minister Yousaf Raza Gilani to President Asif Ali Zardari to approve and sign the National Accountability (Amendment) Ordinance, 2010 was tampered with," Chief Justice Iftikhar

ISLAMABAD - The Supreme Court on Tuesday directed Attorney General Anwarul Haq to present the draft and other relevant record of the National Accountability (Amendment) Ordinance 2010.
A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday also directed the petitioner, PML-N Senator Syed Zafar Ali Shah, to provide solid evidence today (Wednesday) to prove his claims that the president did not consult the prime

LAHORE - The National Accountability Bureau (NAB) Punjab filed six new references in accountability courts on Friday. The references have been filed against former Punjab University (PU) College of Information Technology principal Dr Majid Naeem, M/s Empire Phones Lahore CEO Arshad Butt and others, former United Bank Limited (UBL) Thokar Niaz Baig Branch cashier Latif Khan, former Income Tax Office Circle-III superintendent Habibur Rehman and nine others, J Khalid Oil Mills Vehari

LAHORE - The National Accountability Bureau (NAB) Punjab on Monday filed a reference in an accountability court against former Bahawalnagar postmaster Muhammad Saleem on charges of embezzling public money through bogus money order receipts and miscellaneous head of accounts.
According to details, Saleem while serving as Bahawalnagar Cantt Sub-Post Office Incharge in 2006, misappropriated Rs 0.47 million through bogus money order receipts and miscellaneous head of accounts

LAHORE - A full bench of the Supreme Court on Thursday directed the National Accountability Bureau (NAB) Punjab director general (DG) to review the investigation into the forex-cum-property scam of Rs 1.38 billion and arrest the real culprits, including five bigwigs who were earlier spared by NAB.
The bench was hearing the bail matter of one Mohsin Ayub, a forex-cum-property dealer who is in jail for a property fraud.

ISLAMABAD: The National Accountability Bureau (NAB) executive board meeting on Wednesday gave the green signal for an inquiry against former housing minister Rehmatullah Kakar, who belongs to the JUI-F, for his alleged involvement in purchase of land near Bhara Kahu at an exorbitant price.
An informed NAB source confided to Pakistan Today that the ministry had purchased the land at a price of around Rs 2.7 billion. "The actual cost of the land was Rs 200,000 per kanal while the

ISLAMABAD: The National Accountability Bureau (NAB) has decided to investigate embezzlement of millions of rupees in Tawana Pakistan Project (TPP), apprehending that the Federal Investigation Agency (FIA) may hush up the case. A source told Pakistan Today that the NAB had asked the FIA through the Public Accounts Committee (PAC) of the National Assembly to transfer the case to it. "The FIA has already completed its investigation into this case," he added.
The source further said

ISLAMABAD: The Supreme Court on Monday allowed time until the second week of January to the government to engage a lawyer to defend the appointment of Justice (r) Syed Deedar Hussain Shah as the National Accountability Bureau (NAB) chairman.
A five-member bench headed by Justice Javed Iqbal adjourned the hearing after the court was told that the federation had not yet engaged a lawyer to plead the case. Senior advocates Muhammad Akram Sheikh appeared for the petitioner - Leader

ISLAMABAD: The National Accountability Bureau (NAB) is all set to launch a major offensive against various housing schemes allegedly involved in fraudulent practices across the country.
An informed source confided to Pakistan Today that NAB officials had already completed preliminary investigation into shady practices of some housing societies involved in looting innocent people.
"NAB has completed preliminary investigation against all illegal housing societies and will soon