AGL 38.00 Increased By ▲ 0.06 (0.16%)
AIRLINK 197.50 Increased By ▲ 3.59 (1.85%)
BOP 9.56 Increased By ▲ 0.24 (2.58%)
CNERGY 5.96 Increased By ▲ 0.12 (2.05%)
DCL 8.87 Increased By ▲ 0.19 (2.19%)
DFML 35.65 Decreased By ▼ -0.81 (-2.22%)
DGKC 97.50 Increased By ▲ 4.96 (5.36%)
FCCL 35.30 Increased By ▲ 1.33 (3.92%)
FFBL 89.00 Increased By ▲ 6.70 (8.14%)
FFL 13.21 Increased By ▲ 0.46 (3.61%)
HUBC 127.70 Increased By ▲ 7.09 (5.88%)
HUMNL 13.49 Decreased By ▼ -0.11 (-0.81%)
KEL 5.38 Increased By ▲ 0.16 (3.07%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 45.00 Increased By ▲ 2.89 (6.86%)
NBP 61.90 Increased By ▲ 2.09 (3.49%)
OGDC 215.50 Increased By ▲ 4.33 (2.05%)
PAEL 39.05 Increased By ▲ 1.47 (3.91%)
PIBTL 8.24 Increased By ▲ 0.17 (2.11%)
PPL 192.40 Increased By ▲ 2.08 (1.09%)
PRL 38.57 Increased By ▲ 0.40 (1.05%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 105.98 Increased By ▲ 8.04 (8.21%)
TELE 8.28 Increased By ▲ 0.06 (0.73%)
TOMCL 35.25 Increased By ▲ 0.22 (0.63%)
TPLP 13.40 Decreased By ▼ -0.15 (-1.11%)
TREET 22.29 Decreased By ▼ -0.44 (-1.94%)
TRG 55.99 Increased By ▲ 3.12 (5.9%)
UNITY 33.00 Increased By ▲ 0.04 (0.12%)
WTL 1.62 Increased By ▲ 0.10 (6.58%)
BR100 11,739 Increased By 355.4 (3.12%)
BR30 36,418 Increased By 1206.5 (3.43%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

ISLAMABAD: Federal Investigation Agency Anti-Corruption Circle Lahore has arrested Saeed Ahmed Nawaz, Member Competition Commission of Pakistan (CCP), who remained managing director Pakistan Agricultural Storage and Services Corporation Ltd (PASSCO) for his alleged involvement in wheat scam.

Later Tuesday evening, Member CCP was released by the FIA Court in Lahore with the observations that the official has been found innocent during the investigation. There is no iota of evidence available on record to connect the accused with the commission of the offence. The accused is hereby discharged from the mentioned case FIR. The investigating officer is directed to release the accused forthwith, District Court Lahore order added.

FIA Anti-Corruption Circle had registered a case for large-scale irregularities in the sale of PASSCO wheat and arrested seven accused including former MD PASSCO.

According to details, General Manager Commercial Shahid Ibrahim and General Manager Commercial Imran Nazir were arrested while Zonal Head Iftikhar Uddin, Buyer Muhammad Saeed and Nasir Ali were also arrested.

Last month, Prime Minister Shehbaz Sharif had directed the secretary Establishment Division to initiate strict disciplinary and criminal proceedings against officials (serving or retired) involved in the incident of damage of wheat during floods of 2022 and allowed illegal relaxation in the tender conditions. The case of ex-managing director PASSCO i.e., Ex MD Capt. (retired) Saeed Ahmad Nawaz, (now Member CCP) were also be examined under relevant rules.

The instructions were given in a meeting that the prime minister chaired on July 24 to review the implementation of his previous orders on recommendations of Prime Minister’s Inspection Commission (PMIC) in the inquiry of wheat damages in PASSCO.

Observing that the relevant ministries were delaying the implementation on the earlier orders, the PM Office has issued a letter with clear responsibilities and timelines.

The letter stated that all ongoing inquiries, investigations, criminal proceedings against officials involved in malpractices during the wheat procurement drive shall be finalised during a week time. The DG FIA, DG IB Division and secretary National Food Security are responsible for taking actions.

The prime minister had also assigned the Chairman Prime Minister’s Inspection Commission (PMIC) to probe the element of wheat theft on the pretext of damage of wheat during floods.

The prime minister has taken strict exception on purposefully delaying tactics by the Secretary Establishment and chairman National Food Security the implementation on the recommendations of PMIC in its inquiry of wheat damages.

The PMIC has recommended to refer the cases of two managing directors of PASSCO for apparent inefficiency and corruption, which resulted in billions of rupees in losses due to wheat damage and poor financial governance, to the NAB or FIA for further investigation.

The PM Office, while endorsing the recommendation, wrote to Secretary Establishment Inamullah Khan Dharejo for initiating action and framing charge sheet in consultation with secretary National Food Security and chairman PMIC.

The PMIC recommendations that proposed include reconstitutions of PASSCO Board, appointment of an efficient MD and revaluate the need of PASSCO when provinces discourage wheat procurement with federal entity were endorsed by the Ministry of National Food Security, when shared by the PMO for comments.

Copyright Business Recorder, 2024

Comments

Comments are closed.