AIRLINK 198.79 Increased By ▲ 0.82 (0.41%)
BOP 10.06 Increased By ▲ 0.02 (0.2%)
CNERGY 7.31 Increased By ▲ 0.02 (0.27%)
FCCL 36.57 Increased By ▲ 0.57 (1.58%)
FFL 17.00 Increased By ▲ 0.09 (0.53%)
FLYNG 25.70 Increased By ▲ 0.66 (2.64%)
HUBC 135.65 Increased By ▲ 1.62 (1.21%)
HUMNL 14.02 Decreased By ▼ -0.12 (-0.85%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.95 Increased By ▲ 0.01 (0.14%)
MLCF 45.25 Increased By ▲ 0.27 (0.6%)
OGDC 218.50 Increased By ▲ 0.27 (0.12%)
PACE 6.97 Increased By ▲ 0.03 (0.43%)
PAEL 41.30 Decreased By ▼ -0.12 (-0.29%)
PIAHCLA 16.87 Increased By ▲ 0.01 (0.06%)
PIBTL 8.45 Decreased By ▼ -0.01 (-0.12%)
POWER 9.50 Increased By ▲ 0.11 (1.17%)
PPL 184.50 Decreased By ▼ -1.43 (-0.77%)
PRL 41.30 Increased By ▲ 0.03 (0.07%)
PTC 25.09 Increased By ▲ 0.32 (1.29%)
SEARL 104.00 Decreased By ▼ -0.65 (-0.62%)
SILK 1.03 Increased By ▲ 0.02 (1.98%)
SSGC 40.50 Decreased By ▼ -0.41 (-1%)
SYM 17.84 Decreased By ▼ -0.21 (-1.16%)
TELE 8.96 Increased By ▲ 0.05 (0.56%)
TPLP 12.80 Decreased By ▼ -0.04 (-0.31%)
TRG 67.20 Increased By ▲ 0.60 (0.9%)
WAVESAPP 11.45 Increased By ▲ 0.15 (1.33%)
WTL 1.80 Increased By ▲ 0.02 (1.12%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,135 Increased By 25.8 (0.21%)
BR30 36,719 Increased By 121.2 (0.33%)
KSE100 115,173 Increased By 131 (0.11%)
KSE30 36,219 Increased By 18.9 (0.05%)

ISLAMABAD: The National Accountability Bureau (NAB) submitted its reply with respect to acquittal applications filed by former prime minister Raja Pervaiz Asharf and other accused under the National Accountability (second and third amendment) Ordinances 2021 in Rental Power Projects (Satiana, Reshma and Gulf power) cases.

The Accountability Court-III judge, Syed Asghar Ali, also issued notice to the NAB to submit its reply after another accused Rafiqu Butt filed acquittal under the National Accountability (second amendment) Ordinance, 2021.

At the start of the hearing, the NAB filed its reply regarding the acquittal applications filed by the accused under the recently-promulgated ordinances.

The court adjourned the hearing of the case till February 22.

The NAB had filed the reference against the accused in 2013.

The bureau had filed 12 RPP references including the Turkish ship-mounted power plant (Karkey), Piranghaib Power Plant, Multan, Sahiwal Power Plant, Guddu Power Plant in Sindh, Naudero-I Power Plant in Sindh, Naudero-II Power Plant in Sindh, Reshma Power Generation in Raiwind, Young Gen Power Ltd, Bhikki, Gulf Rental Power (Pvt) Ltd, 150MW Sharaqpur RPP, and Gujranwala Electric Power Company (Gepco).

Out of the 12 cases, the Accountability Court, Islamabad, has acquitted Ashraf and others in two cases, Multan, Sahiwal power plant, and Piranghaib power plant, while the Accountability Court, Lahore, acquitted Ashraf and others in the Gepco case.

Copyright Business Recorder, 2022

Comments

Comments are closed.