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Huge losses to national exchequer made in contract of 3G/4G mobile services by PMLN government: NAB sources

Huge losses to national exchequer made in contract of 3G/4G mobile services by PMLN government: NAB sources

ISLAMABAD – The National Accountability Bureau (NAB) has approved aninquiry into the allegedly illegal award of contract of the Next GenerationMobile Services (NGMS 3G/4G), which caused huge losses to the nationalexchequer.

The decision to this effect was taken at a NAB Executive Board Meeting(EBM), presided over by Chairman NAB Justice Javed Iqbal (retd) andattended by other senior officials.

The EBM approved inquiry against former Finance Minister Ishaq Dar, formerMinister for Information Technology Anusha Rehman and former ChairmanPakistan Telecommunication Authority (PTA) Dr Ismail Shah and others overthe illegal award of contract of the 3G/4G.——————————

The Board also launched an inquiry against government officials for paymentof Rs 480 billion circular debt in violation of rules and regulations inthe year 2013.

EBM also okayed an inquiry against the management of Neelum-Jhelum Projectfor alleged misuse of authority and corruption.

The Bureau also decided to launch an inquiry against former Prime MinisterNawaz Sharif’s Principal Secretary Fawad Hassan Fawad over alleged misuseof authority and corruption, which incurred huge losses to the nationalkitty.

The NAB will also launch another inquiry against Pakistan Peoples Party(PPP) Senator Rubina Khalid, former Executive Director Lok Virsa, AksiMufti, and M/S Cosmos Private Limited for awarding contracts to blue-eyedcompanies.

The Bureau initiated another inquiry against the officers and officials ofCivil Aviation Authority (CAA) over awarding of contracts to blue-eyedcompanies for the purchase of instruments for airplanes.