ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday filed a reference in opposition to former prime minister Shahid Khaqan Abbasi and former finance minister Miftah Ismail together with 10 different accused within the liquefied pure gas (LNG) scandal.
Accountability courtroom judge Muhammad Bashir presided the listening to of the case.
In line with the reference, the previous managing director (MD) of Pakistan State Oil together with the chairman of Engro Hussain Dawood have additionally been named as suspects. The previous secretary of the Petroleum Division and its managing director have develop into key witnesses.
Earlier, the anti-corruption watchdog, in 2018, initiated an inquiry in opposition to former premiers Abbasi and Nawaz Sharif over alleged misuse of authority. Abbasi and few others had been accused of illegally awarding LNG terminal contract for a interval of 15 years to an organization of their liking in violation of outlined guidelines, ‘thus inflicting billions of rupees losses to the nationwide exchequer’.
The inquiry into the LNG contract case had been initiated virtually one-and-a-half yr after the NAB Karachi workplace closed an identical inquiry in opposition to Abbasi for his alleged function within the award of a multi-billion rupee contract for the import and distribution of LNG.
The PML-N authorities in its tenure from 2013-2018 accomplished two LNG terminals, whereas simply days earlier than completion of its time period, on Could 31, it stopped the Port Qasim Authority (PQA) from going forward with bidding for the allocation of a website for establishing a 3rd terminal.
The courtroom adjourned the listening to whereas extending Abbasi’s and Ismail’s judicial remand until December 16.