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Tag Archives: National Accountability Bureau (NAB)

NAB arrests Shehbaz Sharif in Ashiana Company case

LAHORE: The National Accountability Bureau (NAB) has arrested PML-N President and National Assembly Opposition Leader Shehbaz Sharif in connection with the Ashiana Company case, a press release said on Friday. The NAB press release states that the former Punjab chief minister will be presented in an accountability court tomorrow (Saturday). The accountability watchdog had alleged that Shehbaz had misused his ... Read More »

NAB detains Shehbaz Sharif in Saaf Pani case

LAHORE: The National Accountability Bureau (NAB) on Friday detained Pakistan Muslim League-Nawaz (PML-N) President and Leader of the Opposition in the National Assembly Shehbaz Sharif. The PML-N president has been detained by NAB Lahore in connection to the Saaf Pani Case, Punjab Information Minister Fayyazul Hassan Chohan said. The accountability watchdog had alleged that Shehbaz had misused his authority during ... Read More »

Customs Intelligence nominates Saifur Rehman as main accused in 23 NDP vehicles case

ISLAMABAD: The Customs Intelligence has nominated Redco Textile Mills owner and former National Accountability Bureau (NAB) chairman Saifur Rehman as the main accused and Customs officials as his accomplices in a case regarding recovery of 23 luxury illegal and non-Customs duty paid vehicles worth millions of rupees The Directorate of Customs Intelligence & Investigation (I&I) has registered a case against ... Read More »

Balochistan NAB launches inquiry into Mara Tangi dam, Zhob stadium cases

QUETTA: The National Accountability Bureau (NAB) has launched inquiries in to two under-construction projects – Loralai’s Mara Tangi dam and a sports stadium in Zhob district. Director General of the bureau’s Balochistan chapter Mirza Muhammad Irfan Baig approved launching the investigation in Mara Tangi dam after revelations that the under-construction dam was being neglected by officials, causing acute shortage of ... Read More »

SECP chairman’s appointment challenged in NAB court

ISLAMABAD: An application has been filed with the National Accountability Bureau (NAB) against the appointment of Shaukat Hussain Abbasi as chairman of the Securities and Exchange Commission of Pakistan (SECP). The application filed by advocate Nawaz Kharal challenged the appointment, claiming it was illegal, without jurisdiction, based on favouritism, nepotism, violation of transparency, level playing field and deviation from the ... Read More »

PTI asks NAB to hear helicopter case after polls

ISLAMABAD: The Pakistan Tehreek-i-Insaf has requested the National Accountability Bureau (NAB) to fix the case of alleged misuse of Khyber Pakhtunkhwa government’s helicopter by PTI chairman Imran Khan after the general elections. In a letter to the NAB, the PTI said it is difficult for Mr Khan to appear before it on Wednesday because he is busy in his party’s ... Read More »

NAB to seize Musharraf’s properties in Rs1,000b corruption case

ISLAMABAD: The National Accountability Bureau (NAB) has decided to seize the property owned by former military dictator General (retd) Pervez Musharraf after he failed to appear before the anti-corruption watchdog over allegations of Rs1,000 billion corruption and owning assets beyond means. Sources said that the Rawalpindi NAB has written two separate letters to the Defence Housing Authority (DHA) and chief ... Read More »

NAB summons Shehbaz today in Saaf Pani case

LAHORE: Shehbaz Sharif, President of Pakistan Muslim League Nawaz (PML-N) and former chief minister Punjab, has been summoned by the National Accountability Bureau (NAB) in the Saaf Pani Project scam today. The NAB Lahore has asked Shehbaz Sharif to be part of the investigations in the case. Before that,a questioner was given to Shehbaz related to the investigations in the ... Read More »

NAB to take accused to court today in Rs63b oil scam

KARACHI: The National Accountability Bureau (NAB) is all set to produce senior general manager and former general manager of PSO, who were arrested in a massive scandal of Rs63 billion in the Pakistan State Oil (PSO) and private oil companies in the court today (Monday) after completion of legal formalities. The accused arrested by the NAB on July 11 in ... Read More »

NAB seeks time to file reference against ex-KPT chairman

KARACHI: An accountability court on Monday expressed displeasure over the National Accountability Bureau (NAB) for failing to file a reference against former Karachi Port Trust (KPT) chairman Muhammad Javed Hanif who has been arrested for his alleged involvement in illegal appointments. The investigation officer informed the judge that the reference has been prepared and sent to NAB chairman Justice (retd) ... Read More »

SC directs NAB to probe MD PSO’s appointment

ISLAMABAD: The Supreme Court on Saturday summoned National Accountability Bureau (NAB) to probe into the matter regarding the appointment of Managing Director (MD) of Pakistan State Oil (PSO). Chief Justice of Pakistan Justice Mian Saqib Nisar ordered the NAB to also inform the court of its probe into Liquefied Natural Gas (LNG). While observing the irregularities of the government, CJP ... Read More »

NAB takes Nawaz, Maryam into custody

LAHORE: Former premier Nawaz Sharif and his daughter Maryam Nawaz were taken into custody by National Accountability Bureau (NAB) officials shortly after arriving at Lahore’s Allama Iqbal International Airport on Friday night. They were subsequently boarded onto a small chartered plane bound for Islamabad International Airport (IIA). The flight has left Lahore. Upon landing at IIA, Nawaz and Maryam will ... Read More »

NAB expands investigation against Ameer Muqam

LAHORE: National Accountability Bureau (NAB) has expanded investigation against Pakistan Muslim League (PML-N) leader Engineer Ameer Muqam. Ameer Muqam is currently being investigated for corrupt practices and allegations possessing assets beyond known means of income. The anti-graft watchdog has written a letter to the Punjab Excise and Taxation Department seeking complete details of the Muqam’s assets. The department has also ... Read More »

NAB court rejects petition to transfer Al-Azizia reference

ISLAMABAD: The accountability court hearing corruption cases against former prime minister Nawaz Sharif and his family on Thursday rejected a petition to transfer the Al-Azizia corruption reference to another judge. As the hearing resumed, Nawaz’s lawyer Khawaja Haris and the National Accountability Bureau (NAB) prosecutor Sardar Muzaffar Abbasi appeared in the court. The prosecution asked for more time to present ... Read More »

NAB nabs PDA official in Rs100m fraud case, releases Director after Rs8.1m plea bargain

PESHAWAR: The National Accountability Bureau (NAB) of Khyber Pakhtunkhwa, after completing investigation in a Rs100 million embezzlement case, has arrested Peshawar Development Authority (PDA) Divisional Account Officer Nadeem Shad and ordered freezing of properties owned by him and Samba Bank Peshawar Regional Manager Sheraz Khan. According to NAB, Nadeem Shad had opened a fake bank account in connivance with Sheraz ... Read More »

Discretionary powers: PM refrains Ogra from issuing 26 CNG marketing licences

ISLAMABAD: Following rising gas demand, Prime Minister Nawaz Sharif refrained the Oil and Gas Regulatory Authority (Ogra) from issuing 26 marketing licences to compressed natural gas (CNG) stations. The government also decided to review orders of the Supreme Court that enabled Ogra to issue fresh CNG licences held up for a couple of years. The government also sought details and ... Read More »

NAB nabs 4 contractors over Rs102m damage to exchequer

PESHAWAR: The National Accountability Bureau (NAB) has nabbed four contractors for supplying 353 voltage stabilisers to different water supply schemes at inflated rates, causing a huge loss to the national exchequer. Sources said that Khyber Pakhtunkhwa NAB officials arrested the contractors of Public Health Engineering Department allegedly involved in supplying stabilisers at Rs102 million to water supply schemes through a ... Read More »

NAB to grab former PM Ashraf on favoring son-in-law

ISLAMABAD: The National Accountability Bureau (NAB) has filed a reference against former prime minister and Pakistan People’s Party (PPP) leader Raja Pervez Ashraf as he has appointed  his son-in-law Azim-ul-Haq to the World Bank and violated the rules and regulations by misusing his authorities. The NAB Chairman Qamar Zaman Chaudhry decided in an executive board meeting (EBM) to file corruption ... Read More »

FBR refuses to provide sales, income tax refunds’ record to FIA

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to provide general record of sales tax and income tax refunds paid of taxpayers to Federal Investigation Agency (FIA). The FIA has asked FBR for provision of entire record of sales tax and income tax refunds paid in Karachi and Quetta, especially in which heavy amounts are involved. A well-placed source ... Read More »

Delays in Nandipur power project cause over Rs113b loss

ISLAMABAD: Delay in the 425MW Nandipur power project have caused a huge loss of more than Rs113 billion to the national exchequer. This was disclosed by Federal Minister for Water and Power Khawaja Asif in the National Assembly while replying to questions raised by Pakistan Muslim League-Nawaz’s Shaista Pervaiz. In a written reply, the minister said that a judicial commission, ... Read More »