ISLAMABAD: Natonal Accountability Bureau (NAB) on Wednesday has approved an investigation against former Prime Minister’s of Pakistan Nawaz Sharif and Shahid Khaqan Abbasi over alleged misuse of power in a liquefied natural gas (LNG) terminal project, Newsone reported.
The National Accountability Bureau (NAB) in a NAB executive board meeting chaired by chairman Justice (retd) Javed Iqbal, ordered the inquiry against Abbasi, Sharif and others for granting a 15-year contract of LNG terminal to a company of their liking in violation of rules and by misuse of their powers, which caused national exchequer a loss of billions of rupees”.
The NAB has also directed to start investigation against former chief minister and secretary culture Sindh for granting a contract against the rules in 2014 Sindh culture festival. The aforementioned are alleged for causing 127 million rupees loss to national exchequer.
An investigation was also approved against former Punjab chief minister, concerned secretaries, a former MPA from Chiniot and the management of Ramzan Sugar Mills Chiniot over alleged misuse of authority.
THE LNG CASE:
Former premier Shahid Khaqan Abbasi and other respondents are accused of corruption by allegedly hiding facts in the LNG contract awarded in 2015 when Abbasi served as the minister for petroleum and natural resources.
The plea filed by Sheikh Rasheed in Sc which was after rejected by apex court alleged that Abbasi was involved in corruption of nearly Rs200 billion in LNG project and that he awarded the contract without observing transparency in bidding process. It claimed that importing LNG without an agreement was illegal.
In 2013, the PML-N government launched the LNG project and former prime minister Nawaz Sharif with then petroleum minister Shahid Khaqan Abbasi decided to handle the import and transmission of LNG at Port Qasim through their “blue-eyed persons”, the petition alleged.