AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

ISLAMABAD: The Anti-Corruption Establishment (ACE) Sindh, has reportedly, disregarded a letter of National Accountability Bureau (NAB) Rawalpindi, in which the former was barred from touching the tractor subsidy scheme which is already under investigation in NAB, well informed sources told Business Recorder.

Director General, ACE, in a letter, has asked the firm which booked and delivered tractors to the successful growers under Tractor Subsidy Scheme phase-III to appear before the investigation officer in Matirai for further questioning.

On June 30, 2021, NAB Rawalpindi, in a letter drew the attention of Chairman ACE, Sindh towards the Section 18(d) of NAO, 1999, which reads as follows:- (i) the responsibility for inquiry into and investigation of an offence alleged to have been committed under this Ordinance shall rest on the NAB to the exclusion of any other agency or authority, unless any such agency or authority is required to do so by the Chairman NAB or by an officer of the NAB duly authorized by him.

The NAB Rawalpindi also sought details and scope of the present probe in order to proceed further under the relevant provision of law.

On July 16, 2021, the Accountability Court (AC) hearing multi-billion fake bank accounts extended judicial remand of former Executive Engineer Agriculture Department Sindh, Mumtaz Ali Abbasi, who has been accused of committing misappropriation in Sindh Tractor subsidy scheme till July 26 on the request of NAB.

The accused was allegedly involved in issuing “fake invoice” of tractors in the name of farmers, the prosecutor contended.

NAB has so far arrested four accused in the same case - Mumtaz Ali, Tara Chandh, Sarwar Bhatti and Altaf Chachar. Accused Ghulam Hussain has reached a plea bargain of Rs 50 million with NAB.

According to NAB, the arrested Dealer Ghulam Sarwar illegally received more than 450x tractors (brand: - IMT) whereas the accused Tara Chand received more than 250x tractors (Brand: - IMT), from the agriculture department in “connivance” with its officials under the names of fake farmers and sold the tractors in open market at a profit and causing loss of approximately Rs.112.5 million and Rs.62.5 million to the national exchequer, respectively. The subsidy granted for various tractors scheme is in billions and investigation is in progress to avail further evidence in the case.

An investigation was authorized on the directions of Supreme Court in fake accounts cases by the competent authority on September 18, 2020 under the NAB 1999 law and is under progress in NAB Rawalpindi office.

Copyright Business Recorder, 2021

Comments

Comments are closed.