NAB authorises five high level investigations against Ministers, Secretaries

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NAB authorises five high level investigations against Ministers, Secretaries

ISLAMABAD: (APP) National Accountability Bureau (NAB), Friday decided to authorize five investigations and first was against Minister and Secretary of Ministry of Information Technology, PTCL, PTA and others in the matter of International Clearing House (ICH).

This was decided in a Executive Board Meeting (EBM) of the Bureau held with Chairman NAB, Qamar Zaman Chaudhry in chair, said a press release.

In the first case, the accused persons were alleged for handing over of International Clearing House (ICH) to Pakistan Telecommunication Company Limited (PTCL) without completion of codal formalities.

Thus caused a loss of Rs. 1 billion per month to the national exchequer.

The second investigation was authorized against officers/officials of Ministry of Special Initiatives & others. In this case, the accused persons were alleged for corruption and corrupt practices in illegally award of tender of Clean Drinking Water for All (CDWA) by officers/officials of Ministry of Special Initiatives.

Thus caused a loss of over Rs.15 billion to the national exchequer.

Third investigation was authorized against management of NTDC, TIBL and others. In this case, the accused persons were alleged for illegal investment made by NTDC with Trust Investment Bank to the tune of Rs. 100 million principle amount and Rs. 30 million mark up. Thus caused a loss of Rs. 130 million to NTDC.

Fourth investigations was authorized against officers/officials of KMC, Anti-Encroachment Department, Parking Department of KMC and Management of Hockey Association West and Management of M/s Ziauddin Hospital and others. In this case, already referred by Honorable Sindh High Court, the accused persons were alleged for misuse of authority for illegally use of amenity plot No. ST-14, North Nazimabad Karachi for commercial use by Management of M/S Ziauddin Hospital, Karachi in connivance with officers of KMC, SBCA, KDA and management of Hockey Association West. Thus caused a loss of Rs. 150 million to the national exchequer.

Fifth investigation was authorized against officers/officials of MEPCO, Trust Investment Bank Ltd (TIBL) Multan & others. In this case, the accused persons were alleged for misappropriation and misuse of authority etc. Thus caused a loss of Rs. 289.481/- million to the national exchequer.

The Executive Board Meeting (EBM) decided to authorize three (3) inquiries. First inquiry was authorized against Umar Malik S/o Malik Azhar Hussain & others. In this case, the State Bank of Pakistan through FMU referred the case to NAB as Suspicious Transition Report (STR) under 31-D of NAO.

Second inquiry was authorized against Syed Mehmood Shah. In this case, the State Bank of Pakistan through FMU referred the case to NAB as Suspicious Transition Report (STR) under 31-D of NAO.

Third inquiry was authorized against Feroze P Bhandara and Sheraz Feroze Bhandara and others. In this case, the State Bank of Pakistan through FMU referred the case to NAB as Suspicious Transition Report (STR) under 31-D of NAO.

The Executive Board Meeting (EBM) decided to close three (3) inquiries. These pertain to inquiry against Sponsors of Rafi Peer Theater Workshop (RPTW) and Pakistan Children's Television (PCTV).

Inquiry against KPT officials and others and Inquiry against Dr. Javed Ahmed Siddiqui, Ex-MPA due to lack of incriminating evidence.

At the end, Chairman NAB Qamar Zaman Chaudhry said NAB was committed to eradicate corruption by adopting Zero Tolerance Policy for corruption free Pakistan as corruption affects country just like cancer.

He directed all officers of NAB to put in their best efforts in conduct of complaint verifications, inquiries and investigations against corrupt in accordance with law, transparently and on merit.