NAB approves voluntary return of Rs564m in embezzlement case
ISLAMABAD: The executive board of the National Accountability Bureau Tuesday approved the acceptance Voluntary Return (VR) of Rs564 million in a case against Sikander Ali Abro DAO, Hyderabad involving embezzlement in GP fund, Pension Commutation Fund etc.
The board, which met under the chairmanship of Admiral (Retd) Fasih Bokhari here Tuesday, had already approved VR of Rs430 million in this case in its earlier meeting held on May 16, 2012. So far Rs160 million have been collected under VR. Furthermore, the names of 13 accused persons have been forwarded to the interior ministry to be placed on the ECL.
In another case against Saeed Rahman, ex-deputy director works & services department, Lakki Marwat, the board approved VR of Rs5.850 million. The accused was alleged to have accumulated assets beyond known sources of income.
The board decided to close two investigations due to lack of incriminating evidence, one against Syed Mubashir Hussain Shah, ex-chief engineer irrigation and power department wherein he was alleged to have accumulated assets beyond known sources of income, and the other against Zafar Iqbal Mirza, ex-chairman Commercial Cooperative Development Corporation (CCDC) and directors of CCDC accused of embezzlement of CCDC funds to tune of Rs369.50 million. The case was authorised on the complaint of Punjab Cooperative Board for Liquidation (PCBL). The board decided to transfer the case to PCBL for its disposal under its own laws.
It also decided to close an inquiry against Pir Munawar-ul-Haq, ex-chief engineer tube-well division, Salinity Control and Reclamation Project (SCARP) Irrigation Department, Khairpur due to lack of incriminating evidence. He was accused of illegal purchase of transformers worth Rs20 million for Khairpur Division SCARP.