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The Accountability Court hearing multibillion rupees fake accounts case on Tuesday approved plea bargain applications of two suspects who are accused of committing corruption through fake bank accounts. While hearing the case, Accountability Court Judge Muhammad Bashir approved plea bargain applications of accused including CEO M/s Technomen Kinetics Pvt Ltd Syed Asif Mehmood and Director Nooriabad Power Company Syed Arif Ali.
Chairman National Accountability Bureau (NAB), Justice Javed Iqbal (retd) accepted plea bargain request of accused Mehmood and Arif in the Nooriabad Power Company and Sindh transmission funds corruption cases. The NAB investigation officer produced report regarding plea bargain applications before the accountability court. He informed the court that both the accused are ready to deposit Rs 2.12 billion under plea bargain.
The suspects along with the Sindh government officials were involved in corruption through fake auctions, he said, adding that both the accused have embezzled funds in different contracts along with the government of Sindh. The court asked the officials of NAB to tell it how much amount the accused persons have agreed to return under the plea bargain.
The court also asked the accused if they are returning the amount under the plea bargain either voluntarily or under any pressure. The accused told the court that there is no pressure on them. The NAB official told the court that both the accused are equal partners in their business. When the judge asked the accused about the volume and value of their business, they told the court that cost of one of their project is Rs 12 billion. "Why do you commit corruption despite having such a huge amount?" the judge asked the accused. The court after hearing the arguments, approved plea bargain application of both the accused persons.

Copyright Business Recorder, 2019

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