Dar given clean chit by NAB in money-laundering case.
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| Ishaq Dar - Pakistan Finance Minister |
ISLAMABAD - Finance Minister Ishaq Dar was yesterday given a clean chit by the accountability watchdog in money-laundering case pending since 2001.
The NAB Executive Board meeting closed the investigation process against the finance minister due to lack of evidence. The executive board meeting held under the chair of Chairman NAB Qamar Zaman Chaudhry and decided to file five corruption references and it also authorised two inquiries.
According to details, it was decided that the first corruption reference will be filed against Arshad Farooq Faheem and others.
These persons were accused of exorbitant and illegal increase in prices during drug pricing committee meetings and caused a loss of Rs 692.96 million to the national exchequer in this case.
The second corruption reference will be against Asfand Yar Kakar, former minister for food Balochistan and others as the accused were alleged for embezzlement in govt wheat amounting to Rs 466.914 million from Provincial Reserve Center Pishin, Balochistan.
Similarly, the third corruption reference will be against Muhammad Aslam Butt, ex-Mayor, Municipal Corporation Gujranwala and others.
In this case, the accused persons were alleged for misuse of authority and awarded contract to M/s Rathore Enterprises on higher rates and caused a loss of millions of rupees to the national exchequer. The fourth corruption reference will be filed against Dr Ihsan Ali, Vice Chancellor Abdul Wali Khan University, Mardan and others. The accused persons in this case were alleged for misuse of authority by making illegal appointments of 652 officials on contract/temporary basis that too without advertisements and completing all codal formalities as per law and caused a loss of Rs 462 million to the national exchequer.
The fifth and last corruption reference will be filed against Syed Mussarrat Abbas, former Additional Secretary, Senate Secretariat, Islamabad and others. In this case, the accused persons were alleged for misuse of authority, criminal breach of trust and misappropriation of funds of Senate Secretariat Employees Cooperative Housing Society.
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