NAB files reference against former premier Abbasi, 9 others in LNG case

National Accountability Bureau (NAB) Rawalpindi on Tuesday filed a reference in the Liquefied Natural Gas (LNG) import contract case against 10 accused, including former prime minister Shahid Khaqan Abbasi, former finance minister Miftah Ismail and former Pakistan State Oil (PSO) managing director Sheikh Imranul Haq.
The accountability bureau submitted the reference in an accountability court in Islamabad. According to the reference, one company received benefits of over Rs21 billion between March 2015 and September of this year.
Additionally, the reference stated that the national exchequer will suffer a loss of Rs47bn by 2029 because of the contract.
Former Ogra chairman Saeed Ahmed Khan, Ogra chairperson Uzma Adil Khan, chairman of the Engro group Hussain Dawood, former chairman PQA Agha Jan Akhtar, former member Ogra Aamir Naseem, former PSO MD Shahid M Islam and Abdul Sammad have also been named in the reference.
Both main accused persons — Abbasi and Ismail — have been behind bars for over four months in this case, while Haq obtained pre-arrest bail last Tuesday from the Islamabad High Court.
A source had told Dawn on Monday that of 10 persons accused, against whom the reference has been framed, two are said to have turned approvers. The source added that NAB believed that corruption of some Rs20 billion had occurred in the scam.
Abbasi was arrested in connection with the case in July. He is accused of awarding a 15-year contract for a terminal against the rules when he was the petroleum minister in former prime minister Nawaz Sharif’s cabinet. The case was closed by NAB in 2016 but then reopened in 2018.
On Jan 2, NAB’s executive board authorised investigations against Abbasi, being former minister for petroleum and natural resources, for his alleged involvement in irregularities in the import of LNG.
However, Abbasi has said several times in the recent past that he did not commit any illegality in the award of contracts for LNG import, and could, therefore, prove his innocence at any forum. He has presented the view that the import of LNG was the need of the time in 2013, when the country was facing an acute shortage of gas.
In April, the government imposed a travel ban on Abbasi, Ismail and five other persons in this case.

COMMENTS

Name

Accident Accountability Accounts Adventure Afghanistan Agent Agreement Agriculture AID Aircraft Airline Airlines Airport Animals Appeal Arabs Archaeology Army Arrest Arson Art & Craft Article Assassination Assistance Attack Attacker automobile Aviation Award Azadi March Bangladesh Banks belief Biometric birds Blasphemy Blast Blogger Brick Kiln Budget Bullion Bureaucracy Burns BUSINESS Business Women Calamity Canteen Capsize Cargo Caricature case celebration Celebrity charity Child Labour Child trafficking Chinese Christian Christianity Citizenship civic Civil Society Clash Cleanliness Clerics Climate Coal-mine collapse Collision Commerce Commission Communication Company Condemnation Conflict Corpses corridore Corruption Court CPEC crash Cricket Crime crimes Culprit culture currency Custodial Death Cyber crime Death Penalty Deaths Defamation Defence Democracy Department Deportees Derailment Desecration Detention Devastation Development Development And Industry Devotees Devotion Diplomacy Diplomat disaster Displaced Dispute drug traffickers Drugs e-Commerce e-Rozgar Earthquake Economy Education Election Electricity Embassy Embezzlement Employment Encroachment Energy Enmity Entertainment Environment Eveteaser Excavation Execution exhibition Expert Explosion export Extremism Facility Faeminism Family Famine Fashion felciation festival Fighermen Finance fire Firing flood Food Food/Agriculture food/health Footwear Foreigners Forests Fortune fraud Freight Friday Fruit Fuel FUNERAL Game Gangrape Gas Gold Governance Gulf states Gun Battle Hajj handicapped HANG Hate monger Health Heritage Hiousing History hobby Homes Honesty Hong Kong honour Hospital Hotel Human Being Human Rights Human Trafficking Hunting Immigration imports India Indian Election Industry Information Technology Infotainment int International internationl internet Invention Investment Islamophobia journalist judgement Judiciary justice Kashmir Kickbacks KIDNAPPING kiln labour Labourers Land Scam Landslide language Law Lawyers Lay Off Legislation Leisure Lifestyle lightning Liquor literature Litigation Livestock Loan loans Local Local Govt Manifesto Marriage Martyrs Mass Grave Massacre Matrimony Media Medical Medicines Memoirs Migrants Militants Military Mines Minorities MIRACLE mis mishap mishaps Missing people Misssing Monetary Money Laundering Money Transfer Monument Moon Mosque Mountaineer Murder Muslims n NAB Narcotics National Nature network Nuclear obituary occurred at a facility owned by the Ruiqi Daily Necessities Company. Officer Oil & Gas Oppotunity Organisations Orphans Overseas pakistani Paliament Parents Passengers PEMRA Pensioners Petroleum Pilgrims pipeline PIR Poet Police Politician POLITICS pollution Post poverty power President Ghani’s spokesman Sediq Sediqi criticised the development and said that the meeting couldn’t help the peace process. Priest Prison prisoner prisoners Probe project Properties Proscribed prosecution Protest Punishment Railway Real Estate Redcross Refinery Refugees Rejoinder Release Religion Religious Tourism relion Removal Rescue Reservoir Restrictions Reunion Revenue Riot Rivalry River Robbery Royal Satellite Saudi Arabia Scandal Science Seafood Security Sentence Services shemales ship Shipping Shooting Showbiz Sightseeing Sikh Community Singer Slavery smoking smuggling Snakebite Social Social Media Social Welfare Soldiers South Africa Space sports Spy strike Students Suicide Suicide Attack Superstition Taliban Taxation Technology telecom Terrorism The incident Theft Tobacco Tourism tourisn Tractors Trade Trade Union Traders Traditions Traffic Tragedy Training transgender Transport Travel trekkers Trial Typhoon Hagibis Tyranny Umra United Kingdom United Nations United States US sailor Usury Vacancies Vandalise Vegetable vehicle vendetaa Vengeance Violation Visa Volcano War Crime water Weapons weather wedding which is under investigation Wikileaks Wild fire Wildlife woman Women Women trafficking Workers Working class Writers youth
false
ltr
item
South Punjab News : NAB files reference against former premier Abbasi, 9 others in LNG case
NAB files reference against former premier Abbasi, 9 others in LNG case
Additionally, the reference stated that the national exchequer will suffer a loss of Rs47bn by 2029 because of the contract.
https://1.bp.blogspot.com/-el2ICudmkIQ/XeZNcvOMtrI/AAAAAAABQCM/oSGYdI9cjpQImalKCxU6tjjOhSYpcFjuACLcBGAsYHQ/s320/abbasi.png
https://1.bp.blogspot.com/-el2ICudmkIQ/XeZNcvOMtrI/AAAAAAABQCM/oSGYdI9cjpQImalKCxU6tjjOhSYpcFjuACLcBGAsYHQ/s72-c/abbasi.png
South Punjab News
http://www.southpunjabnews.com/2019/12/nab-files-reference-against-former.html
http://www.southpunjabnews.com/
http://www.southpunjabnews.com/
http://www.southpunjabnews.com/2019/12/nab-files-reference-against-former.html
true
949454145819430215
UTF-8
Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy