ISLAMABAD: National Accountability Board (NAB) has approved inquiry against former Prime Minister Nawaz Sharif, former Petroleum Minister Shahid Khaqan Abbasi and others in granting contract of LNG terminal for 15 years to their favourite company.
The meeting of Executive Board of NAB was held in Islamabad today with retired Justice Javed Iqbal in the chair.
The meeting observed that this had caused loss of billions of rupees to the national exchequer.
The meeting also approved investigation against former Chief Minister Sindh, former Secretary Culture and Tourism and others in giving contracts against the rules, causing a loss of 127 million rupees to the national exchequer.
It also approved inquires against former Chief Minister Punjab, relevant secretaries, MPA from Chiniot and the administration of Ramzan Sugar Mills Chiniot. They are alleged to have caused a huge loss to the national exchequer.
Executive Board Meeting of the NAB also approved to launch corruption reference against former Chairman Karachi Port Trust retired Vice Admiral Ahmad Hayat, and former General Manager KPT retired Brigadier Syed Jamshed Zaidi.
Addressing the meeting, NAB Chairman said corruption is a cancer that needs to be rooted out from the country. He directed to make scrutiny, inquiries and investigations of all complaints to their logical conclusion on the basis of law, merit, transparency and solid evidence.