NAB to file reference against a sugar mill for not fulfilling order from USC

NAB to file reference against a sugar mill for not fulfilling order from USC: Executive Board of National Accountability Bureau (NAB) has decided to file corruption reference against Riaz Qadeer Butt, CEO M/s Mecca Sugar Mills (Pvt) Ltd and others. The meeting of Executive Board was held under the Chairmanship of Qamar Zaman Chaudhry, Chairman NAB.

The accused persons were alleged for willful failure to supply the requisite quantity of sugar to Trading Corporation of Pakistan (TCP) and Utility Stores Corporation of Pakistan and misappropriated the advance amount and caused a huge loss of millions of rupees to the national exchequer.

The meeting authorized four investigations including against Muhammad Amin Umrani, Ex-Minister Excise & taxation, Govt of Balochistan and Others. In this case, the accused persons were alleged for assets beyond known sources of income. This has caused a loss of Rs. 88.77/-million to the national exchequer.

Second Investigation was authorized against Dr. Shaukat Ali Bangash and others. In this case, the accused persons were alleged for cheating public at large and had caused defrauding of Rs. 560 million of overseas Pakistanis.

Third Investigation was authorized against Muhammad Tariq Ali, Owner of Data Lubricants and others. In this case, the accused persons were alleged for willful loan default of Rs.52.942 /-million referred by State Bank of Pakistan under 31-D of NAO.

Fourth Investigation was authorized against officers/officials of PEPCO/PESCO, Owner of Al-Moiz sugar Mills, D.I Khan and others. In this case, the accused persons were alleged for misuse of authority and in illegal sale and purchase of electricity.

The Executive Board (EB) decided to authorize five (5) inquiries. First inquiry was authorized against Ghulam Shabbir Sheikh, Ex-Acting IGP Sindh Police, Karachi. In this case, the accused person is alleged for accumulation of assets beyond known sources of income. Thus caused a loss of Rs. 500/-million to the national exchequer.

Second inquiry was authorized against officers/officials of University of Haripur. In this case, the accused persons were alleged for embezzlement of funds through illegal appointments.

Third inquiry was authorized against Ghulam Qadir Dharejo, Jam Saifullah Dharejo, Zahid Abbassi, DC Ghotki & others. In this case, the accused persons were alleged for misuse of authority by executing a fake lease deed of a District Council plot measuring 40 Kanals. This had caused a loss of Rs.563/- million to the national exchequer.

Fourth inquiry was authorized against Officers/Officials of Pak Kor Bio Organic Company, Multan and Apna Micro Finance Bank(Sahiwal branch) and Others. In this case, the accused persons were alleged for criminal breach of trust as a merchant. Thus caused a loss of Rs18.180/-million to the public at large.

Fifth inquiry was authorized against Nasir Mehmood Abbassi. In this case, the accused person is alleged for Suspicious Transaction Report (STR) referred by State Bank of Pakistan under 31-D of NAO.

The EBM re-authorized inquiry against officers/officials of Abdul Wali Khan University Mardan and others. In this case, the accused persons were alleged for embezzlement, misappropriation of University funds allocated for construction projects and misuse of authority. A loss of Rs. 4/- billion was caused to the national exchequer.

The Executive Board Meeting (EBM) approved Plea Bargain requests of Rs. 5.623,616/- in a case against of officers/officials of Pak PWD, Ismail Construction Company and others.

The Executive Board decided to close three inquiries. First inquiry against owner/management of Al-Madina Garden Housing Society Pattoki, Kasur, Second inquiry against Dr. Muhammad Qaisar, Vice Chancellor, University of Karachi and third inquiry against M/s Silver Line Spinning Mills (Pvt)Ltd. An investigation against Goharullah & others of Fateh Textile Mills due to lack of incrementing evidence was also closed.

At the end, Qamar Zaman Chaudhry, Chairman NAB said that NAB is committed to eradicate corruption by adopting Zero Tolerance Policy. He directed all officers/officials of NAB to put in their best efforts in conduct of complaint verifications, inquiries and investigations against corrupt in accordance with law, transparently and on merit.