NAB approves inquiries against Dar, Anusha, Fawad Hassan Fawad, Ismail Shah

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Islamabad, Aug. 3 (TNS): National Accountability Bureau’s executive board meeting on Friday took important decisions, says a press release issued by the prime anti-graft watchdog.

According to press release the meeting of Executive Board of National Accountability Bureau was held in Islamabad with Chairman NAB retired justice Javed Iqbal in the chair.

NAB Chairman Javed Iqbal says the bureau does not believe in discriminatory policy of arresting accused allegedly involved in corruption.

The meeting reviewed several cases, complaints verifications, inquiries and investigations.

The meeting approved an inquiry against deposed prime minister Nawaz Sharif’s former principal secretary Fawad Hassan Fawad over financial irregularities.

Furthermore, the executive board also approved inquiry against Ishaq Dar, Anusha Rehman and former chairman PTA Ismail Shah.

The accountability bureau will also inquire into the allegations of financial irregularities against the administration of the Neelum-Jhelum Project.

The meeting participants also gave the approval to start an investigation against Pakistanis, overseas Pakistanis and investors who send money abroad illegally.

Interestingly, Fawad is already being investigated for wrongfully awarding the Ashiana-e-Iqbal Housing Scheme’scontract to ‘favourites’. It is alleged that he illegally ordered the shifting of nine CNG stations and also worked in a private bank from 2005 to 2006 without official permission.

The accused bureaucrat was also being probed by NAB for possession of assets beyond known sources of income.

According to NAB, the contract for the housing scheme was won by a construction company titled Chaudhry Latif and Sons.

However, NAB says then Punjab Chief Minister Shehbaz Sharif and his aides awarded the Rs14 billion contract to Lahore Casa Developers — a proxy group of Paragon City (Pvt) Limited, which is said to be owned by Railways Minister Saad Rafique.

Fawad, who was implementation secretary to the chief minister Punjab at the time, levelled charges of wrongdoings against Chaudhry Latif and Sons in order for the contract to be awarded to Casa Developers.

The Board also ordered inquiries, investigations and complaints verifications in other cases