ISLAMABAD, SEPT 13 (DNA) – The Executive Board (EB) meeting of National Accountability Bureau (NAB) was held under the chairmanship of NAB Chairman Qamar Zaman Chaudhry, at NAB Headquarter. The following decisions were taken during the meeting.

The Executive Board (EB) decided to file corruption reference against Asif Akhtar Hashmi, Ex-Chairman Evacuee Trust Property Board (ETPB) and others. In this case, the accused persons were alleged for illegal investment with Highlink Capital (Pvt) Limited, which caused a loss of Rs 1.3 billion to the national exchequer.

Second investigation was authorised against management of M/s Power Pack Company and others. In this case, the accused persons were alleged for willful loan default referred by state Bank of Pakistan (SBP) under section 31-D of NAO-1999, which caused a loss of Rs 164.826 million to the national exchequer.

Third investigation was authorised against Abdul Rauf Khoso, MPA (PS-18) and others. In this case, the accused persons were alleged for misuse of authority and assets beyond known sources of income and misappropriation of government land in connivance with officers/officials of Revenue Department, District Kashmore at Kandhkot. This caused a loss of Rs 550 million to the national exchequer.

Fourth investigation was authorised against Saeed Ahmed Jagrani, Ex-Director NARA Canal (SIDA) Mirpurkhas and others, officers/officials of NASRAT Division, Irrigation Department, Sindh and others. In this case, the accused persons were alleged for misuse of authority, illegal appointments and substandard work of stone pitching at NASRAT Canal, causing a loss of Rs 9 billion to the national exchequer.

The Executive Board (EB) decided to authorise two inquiries. First inquiry was authorised against M/s Knowledge Kinetic Programme (KKP) Pvt Limited Lahore, officers/officials of WAPDA and others. In this case, the accused persons were alleged for irregularities in construction of Mangla Dam Raising Project (MDRP), causing a loss of Rs 4 billion to the national exchequer.

Second inquiry was authorised against officers/officials of Pakistan Petroleum Limited (PPL) and others. In this case, the accused persons were alleged for accusation of the shares of MND Exploration and Production Limited by Pakistan Petroleum Limited (PPL) at exorbitant rates in year 2012. This caused a loss of millions of rupees to the national exchequer.