ISLAMABAD – The National Accountability Bureau (NAB) has reportedlyrecommended placing the name of Pakistan’s Ambassador-designate to theUnited States Ali Jahangir Siddiqui on the no-fly list.

The decision to move the Ministry of Interior for placing the names ofSiddiqui and Ahmed Humayun Sheikh on Exit Control List (ECL) was takenduring a meeting chaired by NAB Chairman Justice (r) Javed Iqbal on Monday.

The NAB has recommended their names on ECL in connection with the probeagainst M/s Azgard Nine Limited (ANL) and Agritech Limited.

Siddiqui, a special assistant to prime minister was grilled by NAB on March22, accusing him of manipulating the stock through his company ANL thatcaused losses of Rs40 billions to the investors.

Among the charges initially leveled against Siddiqui is that as director ofinvestment firm Azgard Nine Ltd, was “syphoning off funds amounting to€23.758 million in 2008 for the purchase of an Italian company, Monte BelloSRL, using a foreign company, Fairytal SRL Sweden, which resulted in a lossto the company and shareholders.”

In the meeting, the bureau also approved to initiate an inquiry againstCaptain (retd) Safdar, son-in-law of former prime minister Nawaz Sharif,for allegedly owning assets disproportionate to his income.

Captain (retd) Safdar allegedly has 300 kanal land at Mansehra,30 kanalplot and one kanal house and a flour mill at Township Mansehra.

The meeting ordered another inquiry to probe doling out a sum of ninebillion rupees of PM Global Sustainable Goal Achievement Programmeillegally to Captain Safdar.