News
April 29 , 2022
Reference against Miftah Ismail and Shahid Khaqan Abbasi Approved
Islamabad: The National Accountability Bureau (NAB) has approved a supplementary reference against former prime minister Shahid Khaqan Abbasi and his son Abdullah Khaqan Abbasi.
It said that the aforementioned persons were accused of awarding the LNG Terminal-1 contract through "non-transparent sources".
"The accused public office holders misused their authorities in active connivance with each other to give wrongful gains of Rs14.146 billion to EETL/ETPL/ECL in connection with LNG Terminal-1 of EETL and also caused a wrongful loss of Rs7.438 billion (approximately) for non-utilization of unused capacity of 2nd LNG Terminal of PGPL from March 2015 till September 2019," the statement said.
The watchdog alleged that from 2013 to 2017, unexplained deposits of over Rs2 billion were received in Abbasi and his son's accounts, during which the LNG deal was stuck.
"By concealing the origin of the above said deposits and layering, the accused also committed offence of money laundering," NAB added.
Finance Minister Miftah Ismail, former Sui Southern Gas Company Limited (SSGCL) chairman Sheikh Imran ul Haq, ex-CEO of Engro Elengy Terminal Private Limited Agha Jan Akhtar, ex-chairman of Port Qasim Authority Saeed Ahmed Khan, former chairman of Oil and Gas Regulatory Authority (OGRA) Aamir Naseem, chairperson OGRA Shahid M. Islam, and former managing director of Pakistan State Oil (PSO) were also named in the reference.