ISLAMABAD: Former PM Shahid Khaqan Abbasi lands into another trouble overhuge suspicious bank transactions from UAE.
The National Accountability Bureau (NAB) has filed a supplementaryreference against former prime minister Shahid Khaqan Abbasi in the LNGscam, making startling revelations about transfer of funds to his accountfrom a UAE-based firm.
According to the reference, the PML-N leader had been receiving funds fromTrinity Company located in the UAE, said to be working with an India-basedfirm, Siddhart Private Limited.
A sum of $538,895 was transferred to Ex-PM Abbasi’s account in threeinstallments from a Dubai bank, the reference revealed, adding that the UAEgovernment provided the national graft buster with evidence in this regardas the State Bank of Pakistan (SBP) also confirmed these transactions.
However, NAB added, the former prime minister, when confronted, was unableto give a satisfactory explanation as to these transactions. It disclosedthat more than Rs637 million funds were transferred to the accounts ofAbbasi and his son Abdullah.
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Former prime minister Abbasi, Miftah Ismail, ex-PSO MD Imranul Haqlink and others are facing chargesof corruption over awarding a LNG import contract allegedly at exorbitantrates in 2015, which caused a big loss to the national exchequer.
NAB sources said that Abbasi, in 2013, had awarded a LNG import anddistribution contract to the Elengy Terminal in violation of the PublicProcurement Regulatory Authority (PPRA) rules and relevant laws.
