AIRLINK 193.70 Increased By ▲ 0.20 (0.1%)
BOP 9.89 Increased By ▲ 0.25 (2.59%)
CNERGY 7.61 Increased By ▲ 0.08 (1.06%)
FCCL 37.65 Decreased By ▼ -0.05 (-0.13%)
FFL 15.64 Increased By ▲ 0.04 (0.26%)
FLYNG 25.64 Increased By ▲ 0.05 (0.2%)
HUBC 129.40 Increased By ▲ 2.33 (1.83%)
HUMNL 13.52 Increased By ▲ 0.02 (0.15%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.28 Increased By ▲ 0.18 (2.95%)
MLCF 43.96 No Change ▼ 0.00 (0%)
OGDC 205.05 Increased By ▲ 1.81 (0.89%)
PACE 6.49 Increased By ▲ 0.09 (1.41%)
PAEL 40.80 Decreased By ▼ -0.18 (-0.44%)
PIAHCLA 17.30 Decreased By ▼ -0.19 (-1.09%)
PIBTL 8.05 Increased By ▲ 0.39 (5.09%)
POWER 9.15 Increased By ▲ 0.07 (0.77%)
PPL 175.50 Increased By ▲ 1.25 (0.72%)
PRL 38.10 Increased By ▲ 0.03 (0.08%)
PTC 24.45 Increased By ▲ 0.38 (1.58%)
SEARL 107.25 Increased By ▲ 0.01 (0.01%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 36.52 Increased By ▲ 0.12 (0.33%)
SYM 19.50 Increased By ▲ 0.46 (2.42%)
TELE 8.47 Increased By ▲ 0.23 (2.79%)
TPLP 12.40 Increased By ▲ 0.62 (5.26%)
TRG 65.88 Increased By ▲ 1.00 (1.54%)
WAVESAPP 12.79 Increased By ▲ 1.16 (9.97%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.90 Increased By ▲ 0.05 (1.3%)
BR100 11,840 Increased By 72 (0.61%)
BR30 35,344 Increased By 379.8 (1.09%)
KSE100 112,322 Increased By 835.1 (0.75%)
KSE30 35,213 Increased By 278.4 (0.8%)

A division bench of the Lahore High Court (LHC) on Wednesday granted post-arrest bail to Syed Waseem Ahmed, an approver against former provincial minister Rana Mashood, in Punjab Youth Festival case. The counsel of the accused contended that Rana Mashood and Usman Anwar were awarded illegal contracts. He pointed out that accused Waseem Ahmed had become an approver and he had recorded his statement before a judicial magistrate.
The National Accountability Bureau (NAB) had launched a probe into alleged misappropriation of millions of rupees of the Punjab Youth Festival. Earlier on June 21, the Bureau had arrested former DG Sports Board Punjab Usman Anwar in the case. On June 29 last, the Federal Investigation Agency (FIA) had barred former Punjab education and sports minister Rana Mashood from flying abroad for his involvement in the alleged embezzlement of funds of the Punjab Youth Festival.

Copyright Business Recorder, 2019

Comments

Comments are closed.