LAHORE: Accountability court on Thursday ordered to seize property of former Chief Minister of Punjab (CM) Shehbaz Sharif’s son-in-law Ali Imran.
According to details, Ali Imran didn’t appear before the court despite summon and reportedly escaped abroad.
It is pertinent to mention here that ex-CM’s son-in-law was accused of taking Rs13 crore bribe from chief financial officer (CFO) of Punjab Power Development Company.
Earlier, accountability court had declared Imran Ali Yousaf as absconder in Punjab companies scam case and ordered to bring him back through Interpol.
Punjab government had formed 56 companies under guise of good governance and registered them under Article-42 of Companies Ordinance 1984.
While deliberately turning a blind eye towards similar local companies operating in Pakistan, Sharif-led Punjab government had awarded dozens of contracts to Turkish conglomerates on hefty paybacks.
Before formation of these companies, 113970 employees were working in different departments across Punjab and the figure augmented to 157500 following arrival of Turkish corporations.
Rules were either disregarded or revoked while contracts were given on basis of sheer nepotism, thus inflicting hefty losses on provincial exchequer as Shehbaz Sharif issued mammoth Rs150 bn funds in this regard.—INP