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 an inquiry into the allegedly illegal award of contract of the Next Generation Mobile Services (NGMS 3G/4G), which caused huge losses to the national exchequer.

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

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

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

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

The Bureau also decided to launch an inquiry against former Prime Minister Nawaz Sharif’s Principal Secretary Fawad Hassan Fawad over alleged misuse of authority and corruption, which incurred huge losses to the national kitty.

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

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