AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

The Accountability Court hearing the multibillion rupees fake bank accounts case again granted time to the National Accountability Bureau (NAB) on Friday for filing a supplementary reference in the illegal allotment of a welfare plot case till November 29.

Accountability Court Judge Muhammad Bashir hearing the case granted more time for filing of supplementary reference to the anti-graft body. During the hearing, the NAB officials requested the court to grant some time for filing of supplementary reference. The court approved NAB's request and adjourned hearing till November 29.

Eight accused including Abdul Ghani, an official of Karachi Development Authority (KDA), Matanat Ali Khan, former metropolitan commissioner KMC, Sami-ud-Din Siddiqui, former metropolitan commissioner KMC, Najam-Uz-Zaman, former director Karachi Development Authority (KDA) Wing KMC, Syed Khalid Zafar Hashmi, additional director KDA Wing KMC, Syed Jamil Ahmed, assistant director KDA Wing KMC, Abdul Rasheed, assistant director KDA Wing KMC, and Muhammad Hussain Syed, former administrator Karachi Metropolitan Corporation (KMC), appeared before the court.

Another accused Younus Kidwai, a close aide of former president Asif Ali Zardari, has already been declared a proclaimed offender due to his continuous absence from the court.

According to NAB, the accused persons by misusing their authority allegedly allotted the government land at Nehr-e-Khayyam Karachi to the M/S Friends Associates which incurred a loss of Rs 3 billion to the national exchequer. The accused used fake accounts for payment.

About the application of accused Najam-uz-Zaman, the NAB official informed the court that the bureau has written a letter to National Database and Registration Authority (NADRA) and is waiting for the reply. Zaman had filed an application before the court that his Computerized National Identity Card (CNIC) had been expired.

Copyright Business Recorder, 2019

Comments

Comments are closed.