ISLAMABAD: The National Accountability Bureau (NAB) filed a reference in the Accountability Court (AC)-1 Islamabad regarding corruption and corrupt practices in Guddu Rental Power Plant (RPP) case.
The reference was filed against thirteen accused persons including two former secretaries Ismail Qureshi and Shahid Rafi, two ex-MDs PEPCO Munawar Baseer and Tahir Basharat Cheema ex-senior GM PEPCO Arshad Raza, ex-executive director PECPO Aftab Mehmood Butt, ex-director PECPO Wazeer Ali Bhaio, ex-director PECPO Muhammad Razi Abbas, ex-member WAPDA Fazal Ahmad Khan, ex-chief finance officer PECPO Abdul Qadeer, ex-director PECPO Muhammad Saleem Arif, ex-director PECPO Iqbal Ali Shah, ex-chief executive officer Yousaf Ali and Central Power Generation Company Ltd (CPGCL).
The accused in this corruption case allegedly extended undue and illegal benefit to the sponsors of M/S Pakistan Power Resources (PPR). The $72 million contract was awarded to M/S PPR in violation of PPRA Rules, NEPRA Act without feasibility study or approval of the government. They are accused of misuse of authority, corruption and corrupt practices in initiating the Guddu Rental Power Plant without approval of Economic Coordination Committee (ECC).
In connivance with each other the accused allegedly extended undue benefits to the sponsors and caused a huge loss to the national exchequer amounting to Rs 139,149,975.
It is noteworthy mentioning that on the direction of the Supreme Court of Pakistan in its March 30, 2012 judgement the NAB chairman on April 2, 2012 authorised an inquiry against the holders of public office and others under NAO-1999 for their involvement in corruption and corrupt practices while awarding and executing 12 Rental Power Projects (RPPs) including Guddu RPP.
The Guddu RPP contract was awarded to M/S PPR and on November 23, 2012 the inquiry was completed and converted into an investigation. The Executive Board Meeting (EBM) of the NAB presided by Chairman Qamar Zaman Chaudhry had earlier approved filing of the reference in this case.
ISLAMABAD - During an All Parties Conference (APC) in Islamabad on Thursday, participants from all ...