AGL 40.10 Increased By ▲ 0.10 (0.25%)
AIRLINK 130.75 Increased By ▲ 1.22 (0.94%)
BOP 6.87 Increased By ▲ 0.19 (2.84%)
CNERGY 4.63 No Change ▼ 0.00 (0%)
DCL 8.90 Decreased By ▼ -0.04 (-0.45%)
DFML 43.38 Increased By ▲ 1.69 (4.05%)
DGKC 83.85 Increased By ▲ 0.08 (0.1%)
FCCL 33.00 Increased By ▲ 0.23 (0.7%)
FFBL 78.38 Increased By ▲ 2.91 (3.86%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.56 Increased By ▲ 0.01 (0.01%)
HUMNL 14.49 Decreased By ▼ -0.07 (-0.48%)
KEL 5.60 Increased By ▲ 0.21 (3.9%)
KOSM 8.40 No Change ▼ 0.00 (0%)
MLCF 39.41 Decreased By ▼ -0.38 (-0.96%)
NBP 63.00 Increased By ▲ 2.71 (4.49%)
OGDC 199.00 Decreased By ▼ -0.66 (-0.33%)
PAEL 26.60 Decreased By ▼ -0.05 (-0.19%)
PIBTL 7.77 Increased By ▲ 0.11 (1.44%)
PPL 159.99 Increased By ▲ 2.07 (1.31%)
PRL 26.69 Decreased By ▼ -0.04 (-0.15%)
PTC 18.65 Increased By ▲ 0.19 (1.03%)
SEARL 83.20 Increased By ▲ 0.76 (0.92%)
TELE 8.22 Decreased By ▼ -0.09 (-1.08%)
TOMCL 34.35 Decreased By ▼ -0.16 (-0.46%)
TPLP 9.00 Decreased By ▼ -0.06 (-0.66%)
TREET 16.99 Decreased By ▼ -0.48 (-2.75%)
TRG 60.31 Decreased By ▼ -1.01 (-1.65%)
UNITY 27.90 Increased By ▲ 0.47 (1.71%)
WTL 1.42 Increased By ▲ 0.04 (2.9%)
BR100 10,605 Increased By 198.6 (1.91%)
BR30 31,978 Increased By 264.4 (0.83%)
KSE100 98,864 Increased By 1535.9 (1.58%)
KSE30 30,797 Increased By 604.3 (2%)

National Accountability Bureau (NAB) has summoned Sindh Chief Minister Murad Ali Shah to appear before its combined investigation team (CIT) on September 24, in connection with the fake bank accounts case. Sources said that the NAB has asked chief minister Sindh to appear before its combined investigation team (CIT) and produce all record related to the Thatta and Dadu Sugar Mills case.
The joint investigation team (JIT) during its investigations in the fake accounts case found that while approving a very low bid for Thatta Sugar Mills against the advice of the then finance secretary, the then finance minister and current Chief Minister Sindh strongly recommended the summary in favour of Omni Group on the grounds that it will create jobs for local people.
A loan of Rs 895 million was also provided to the mills by the Sindh government. Shah also allegedly acted as a facilitator to the group by paying Rs 7.19 billion in form of subsidies to it. The NAB had summoned Shah at 11:00am on September 17, at its Karachi office in the aforesaid cases, but he did not appear.

Copyright Business Recorder, 2019

Comments

Comments are closed.