ISLAMABAD: The Executive Board Meeting (EBM) of the National Accountability Bureau (NAB) with bureau chairman Major (r) Qamar Zaman Chaudhry in the chair approved filing of two references.
The first reference was approved against Naeem Khan, former secretary, and Muhammad Irfan, director, of Ministry of Social Welfare and others in Tawana Pakistan Project scam.
The accused were allegedly involved in corruption and corrupt practices in award of food supply contract to Messrs Vita Pakistan Limited in violation of Public Procurement Rules 2004, causing a loss of Rs 164.7 million to the national exchequer.
The EBM approved another reference against Sheikh Muhammad Afzal and 10 other accused in Faysal Bank loan default case. The accused allegedly defaulted on millions of rupees loan they had obtained allegedly by producing fake collaterals and other relevant documents. The total liability of the accused persons has been assessed at Rs 398 million.
The EBM decided to seek comments from the federal tax ombudsman in a case against Federal Board of Revenue (FBR) officers/officials and others on the allegation of evasion of federal excise duty on franchise fee, technical fee and royalty fee by the franchisees.
The board closed inquiries against Mir Nadir Ali Magsi, former minister for local government of Sindh; Sardar Atif Ali Sanjrani, former MNA from Balochistan; and Sohail Karim Hashami, former secretary Pakistan Medical and Dental Council (PMDC), Islamabad, as no cogent evidence could be brought on record against them.
The EBM also decided to seek report from the State Bank of Pakistan on the status of a willful loan default case against Messrs Saadullah Khan and Brothers (Private) Limited, Lahore.
The board also closed complaint verification (CV) against Shakeel Durani, former WAPDA chairman, who was alleged to have transferred authority lands to undeserving entities.
The NAB chairman directed all regional bureaus to take special measures to finalise old inquiries and investigations and submit their recommendations to the High- Level Committee.
ISLAMABAD: The government on Monday announced a reduction in the prices of all petroleum products ...