NAB to file corruption reference against PSM ex-chairman

ISLAMABAD – The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) yesterday decided to file one corruption reference, seven inquiries and four investigations of different mega corruption scams.
The EBM was held under the Chairmanship of Qamar Zaman Chaudhry, Chairman NAB at NAB Headquarters while it decided to file a corruption reference against Moeen Aftab Sheikh, ex-chairman Pakistan Steel Mills (PSM), Karachi. In this case, the accused person is alleged for loss to the state through misuse of authority. A loss of Rs378.196 million was caused to the national exchequer.
The Executive Board decided to authorize seven inquiries. First inquiry was authorized against Syed Ali Mardan Shah, ex-minister for Population Sindh and others. In this case, the accused persons were alleged for misappropriation of public funds of millions of rupees, encroachment and construction of shops on the government property and accumulation of huge assets through illegal means.
Second inquiry was authorised against Shahid Hussain Jatoi, former Member Admin, Federal Board of Revenue (FBR) and others. In this case, the accused person is alleged for misuse of authority through corruption and corrupt practices, illegal gratification against promotions and appointments and accumulation of assets beyond known sources of income.
Third inquiry was authorised against Dr Faiz-ul-Hassan, Vice Chancellor (VC), University Education, Lahore and others. In this case, the accused persons were alleged for illegal appointments in the University of Education, Lahore.
Fourth inquiry was authorised against officials of Capital Development Authority (CDA), M/s Park Line Estate Company (Pvt) Ltd and others. In this case, the accused persons were alleged for illegal transfer of land of Punjab Forest Department by CDA officials to Pak Line Estate Company (Pvt) Ltd. Fifth inquiry was authorised against Rauf Akhtar Farooqi Ex-General Manager (Admn), Karachi Port Trust and others. In this case, the accused persons were alleged for misuse of authority by making appointments and regularisation of employees against the rules and procedures.
Sixth inquiry was authorised against Dr Ishaq Fani, Director Distance Education, Baha-ud-Din Zakariya University (BZU) and others. In this case, the accused person is alleged for illegal appointment of staff, embezzlement of funds in purchase of books and accumulation of assets beyond known sources of income.  The Seventh inquiry was authorised against Usman Malik and others. In this case, the accused person is alleged for Suspicious Transactions forwarded by Financial Monitoring Unit of State Bank of Pakistan of Rs19.69 billion in the accounts.  The EBM decided to authorize three (3) investigations. First investigation was authorised against Ali Raza, Ex-President National Bank of Pakistan, Dr. Mirza Abrar Mughal, Ex-Group Chief/SEVP and others. In this case, the accused persons were alleged for misuse of authority, misappropriation of government funds in purchase of core banking application for NBP at higher rates. Thus causing loss of $19.3 million.
Second investigation was authorized against Dr Nazir Mughal, ex-Vice Chancellor (VC), University of Sindh Jamshoro and Muhammad Nawaz Narejo, Ex-Registrar, University of Sindh Jamshoro. In this case, the accused persons were alleged for misuse of authority and embezzlement of University funds.
Third investigation was authorized against Rasool Bux Phulpoto, Ex-Chief Executive Officer/Managing Director (MD), PHA Foundation, A.S Tariq Sial, Ex-DG (CPM), PHA Foundation, Huhammad Hussain, Ex-Deputy Director General (CPM) PHA Foundation, Rana Omer Farooq, Ex-Dy Director (Admn) PHA Foundation and Amna Malik, ED, M/s Armaan. In this case, the accused persons were alleged for corruption in renovation of Shaheed-e-Millat Secretariat, Islamabad.
The EBM decided to authorise two Complaint Verifications (CVs). First Complaint Verification was authorised against officers/officials of Agriculture University, Faisalabad and others. In this case, the accused persons were alleged for financial corruption in civil work, illegal appointments and selling of buildings material worth of millions of rupees with auction.
Second CV was authorised against Ghulam Qadir Palijo, ex-MPA, Thatta. In this case, the accused person is alleged for corruption and corrupt practices and accumulation of assets beyond known sources of income.
The EBM approved the Voluntary Return (VR) request of Naseer Ahmed Baloch, ex-secretary Labour Department, Government of Balochistan, Rasool Bux, SO (Budget), Labour and Manpower Department, Govt of Balochistan and Malik Bashir, CEO Toyota Zarghoon Motors amounting to Rs2,024,000/-
The EBM also decided to close an inquiry against officers/officials of Ministry of Food, Agriculture and Live Stock (MINFAL) and others, and Complaint Verification against Ghazala Gola, ex-minister for Women Development, Government of Balochistan due to lack of incriminating evidence.

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