AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Pakistan

Accountability court revokes non-bailable arrest warrant for Shahid Khaqan in LNG case

  • Warrant was issued over failure of PML-N leader to appear before the court
Published February 21, 2023

An accountability court in Islamabad on Tuesday revoked non-bailable arrest warrant issued to former prime minister and Pakistan Muslim League-Nawaz (PML-N) leader Shahid Khaqan Abbasi in the liquefied natural gas (LNG) reference.

Earlier during the day, the court had issued non-bailable arrest warrants for Shahid Khaqan and former Oil and Gas Regulatory Authority (Ogra) chairperson Uzma Adil. The warrants were issued owing to failure to appear before the court and file an exemption plea.

Subsequently, Shahid Khaqan's counsel lodged a petition for nullification of the warrant which was approved by the court.

LNG case: AC adjourns proceedings against Khaqan, others as judge’s tenure expires

In November 2020, Shahid, Uzma and others were indicted in the case and 64 charges were slapped against 12 accused.

The court alleged that the accused awarded the LNG Terminal-1 contract through a non-transparent process.

Defence counsel remain absent: AC adjourns LNG case against Khaqan till 10th

Public office holders were allegedly accused of misusing their authorities in active connivance with each other to give wrongful gains of Rs14.146 billion to EETL/ETPL/ECL in connection with LNG Terminal-1 of EETL and also purportedly caused a wrongful loss of Rs7.438 billion, approximately, for non-utilisation of unused capacity of second LNG Terminal of PGPL from March 2015 to September 2019.

Hence, the total liability amounts to Rs21.584 billion, approximately, till September 2019.

Further losses to be incurred for the next 10 years will amount to Rs47 billion, approximately, as the said contract will expire in March 2029, it was alleged.

No one should be defamed under false cases: ex-PM

Abbasi was granted bail in 2021 by an accountability court that ruled there was never any conflict over non-transparency in the LNG terminal case.

Comments

Comments are closed.

Shiteistan Feb 21, 2023 06:25pm
Subah kuch shaam kuch. Tamasha goes on.
thumb_up Recommended (0)
Dr.Salaria, Aamir Ahmed Feb 21, 2023 06:58pm
If he goes in, he will be severely tortured and he might lose function of his bowels too
thumb_up Recommended (0)
AA Feb 21, 2023 08:44pm
SKA did wonders by unblocking LNG import project which was stuck since early 2000s. And in the process gave energy security to the country. In another country, they would put his picture along with father of nation’s picture in government offices and would even issue a currency note with his picture. But in Pakistan, we are just thankless. Instead of thanking him forever and ever, we are putting him in such torment.
thumb_up Recommended (0)