National Accountability Bureau (NAB) on Wednesday decided to file a corruption reference against PESCO officials and to conduct investigation against former ministers including Dr. Asim Hussain over various corruption charges.
The NAB Executive Board Meeting (EBM) held with Chairman Qamar Zaman Chaudhry in the chair, decided to file a corruption reference against accused officers of PESCO and others.
In this case, the accused persons were alleged for misuse of authority and deliberately looted public money and caused a huge loss of Rs 1886.85 million to the national exchequer, said a press release issued.
The EBM decided to file a corruption reference against Nawabzada Mehmood Zeb and others. In this case, the accused persons were alleged for misuse of authority in leasing out an area of 498.96 acres for mineral exploration, in violation of mining concession rules 2005 which caused huge loss of Rs 355 million to the national exchequer.
The EBM decided to file a reference against officers of NAB for misuse of authority. Their malafide action led to disrepute of NAB.
The Executive Board Meeting (EBM) authorized three investigations.
First investigation was authorized against Dr Asim Hussain, Ex-Minister for Petroleum, Syed Athar Hussain, Director Land, KDA and Abdul Hameed, Administrator, Ziauddin Medical Center, Dubai.
In this case, the accused were involved in fraudulent and illegal allotment and annexation of government lands. The proceeds of these illegal activities were utilized for money laundering.
Second investigation was authorized against officers/officials of University of Peshawar and others. In this case the accused i.e. Dr Azmat Hayat, EX-VC and others are involved in purchasing land on exorbitant rates and misuse of authority.
Third investigation was authorized against Syed Ehsan Shah, Ex-Minister for Industries and Commerce Department, Government of Balochistan and others. In this case, the accused were involved in misusing authority for appointments in Industries and Commerce Department, Balochistan.
The Executive Board Meeting (EBM) authorized four inquiries. First Inquiry was authorized against Mir Munawwar Ali Talpur, MNA Sindh and others. In this case, the accused were involved in accumulation of assets beyond known sources of income and misuse of authority.
Second inquiry was authorized against management of Karachi Port Trust Cooperative Housing Society and others for illegal allotment of commercial plots of KPT Cooperative Housing Society to Senator Sardar Fateh Muhammad Hasni and others.
Third inquiry was authorized against Directors/ Owners of M/s Mecca Sugar Mills (Pvt) Ltd i.e. Riaz Qadeer Butt, CEO and others.
Fourth inquiry was authorized against Directors/Owners of M/S Haq Bahu Sugar Mills (Pvt) Ltd and others.
During Sugar lifting Process, M/S Haq Bahu Sugar Mills (Pvt) Ltd failed to deliver sugar as per requirement against TCP’s delivery orders. Later, stopped delivery and reportedly further pledging the un-delivered stock misappropriated. Thus M/S Haq Bahu Sugar Mills (Pvt) Ltd caused loss of Rs. 1405.171 million to the national exchequer.
The Executive Board Meeting (EBM) authorized three complaint Verification (CVs). First Complaint Verification was authorized against Dr. Muhammad Qaiser, VC, Karachi University and others. In this case, the accused were involved in corrupt practices and making illegal appointments in different grades.
Second Complaint Verification was authorized against Mujeeb ur Rehman Muhammad Hassni, MPA Balochistan and others.
Third Complaint Verification was authorized against Sultan Mehmood Hanjra, MNA and others.
