*LAHORE – Close aide of Imran Ali, son-in-law of Shehbaz Sharif, hasadmitted his role in causing loss the national exchequer.*
According to the NAB, Ikram Naveed, former CEO of the Punjab PowerDevelopment Company (PPDC), confessed his role in embezzling amount up toRs 490 million while in authority.
The accused also reportedly told NAB that he gave Rs 130 million to ImranAli out of the total amount. The accountability watchdog has submitted itsreport in the accountability court today.
Naveed has assured the NAB to return entire amount he acquired throughillegal practices.
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The accountability court on Oct 11 ordered seizure of property owned byImran Ali in the same case.
Imran Ali is facing charges of receiving Rs 130 million graft from IkramNaveed. On August 7, the same accountability court had declared Ali aproclaimed absconder on NAB’s request.
