Travel
Court dismisses NAB plea for withdrawal of BoP reference
字号+ Author:Smart News Source:Business 2025-01-15 08:10:59 I want to comment(0)
LAHORE: An accountability court on Monday dismissed an application of the National Accountability Bureau (NAB) seeking withdrawal of a Rs9 billion reference of sanctioning illegal loans against former president of Bank of Punjab (BoP) Hamesh Khan and others for lack of evidence. Judge Zubair Shahzad Kiyani turned down the bureau’s plea after hearing the arguments of senior lawyer Khwaja Harris on behalf of the BoP. The bank’s counsel argued that the application filed by the NAB was against the law. He pointed out that the chairman of the bureau did not have a mandatory consultation with the prosecutor general of the NAB. He said the reference was filed 17 years ago and 81 out of 86 witnesses had testified. He said many suspects had confessed to their crime while some others had opted for plea-bargain with the NAB after being declared guilty in the investigation. Advocate Harris questioned, “How previously held accused persons can be declared innocent now?” He alleged that the NAB had joined hands with the suspects. Rejecting the NAB request, the judge summoned the remaining prosecution witnesses for their testimony on Nov 26. Last week, a NAB prosecutor had told the court a fresh evaluation of old and new evidence was approved by the NAB chairman. He said the fresh scrutiny of the evidence found no offences of corruption and misuse of authority against the suspects. He said the NAB chief approved the withdrawal of the reference. Hamesh, the prime suspect of the 2007 reference, was arrested in the United States in 2009 by the Interpol and extradited to Pakistan next year. He had managed to flee the country despite being placed on the Exit Control List in 2008. He was indicted in 2012 and released on bail by the Supreme Court after an incarceration of over five years in 2015. The NAB had accused the former president of the BoP of issuing loans of billions of rupees on the basis of bogus documentations. Sheikh Afzal of Harris Steels Mills, another key suspect, and his son Harris were arrested by the Federal Investigation Agency in Malaysia in 2009.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Punjab allows prisoners to make audio and video calls under new rules
2025-01-15 07:54
-
سیاسی اور کھیلوں کے ایک ڈرامائی سال کے بعد دنیا نے 2025 کا خیر مقدم کیا۔
2025-01-15 07:22
-
مونٹی نیگرو کے ریستوران میں فائرنگ سے کئی افراد ہلاک: پولیس
2025-01-15 06:27
-
سعودی عرب نے منشیات کی اسمگلنگ کے الزام میں ایرانیوں کو پھانسی دی، ایران نے احتجاج کیا۔
2025-01-15 05:38
User Reviews
Recommended Reads
Hot Information
- Gold Rates in Pakistan Today – Latest Gold Prices on 19 December 2024
- اقوام متحدہ نے افغان خواتین کے این جی او کے کرداروں پر طالبان کی پابندی کی مذمت کی
- بائیڈن اپنی مدت کے اختتام کے قریب ٹرمپ پروف ایجنڈے کی حفاظت کے لیے کام کر رہے ہیں۔
- جیجو ایئر حادثہ: اب تک ہم کیا جانتے ہیں
- Karachi Marathon inspires hundreds with record participation, international recognition
- نوبل امن انعام یافتہ ملالہ یوسفزئی کی 2024ء کی یادگار لمحات کی کہانیاں
- چین نے زور دے کر کہا ہے کہ اس نے کووڈ کے ڈیٹا شیئرنگ میں کچھ نہیں چھپایا۔
- نئی بنگلہ دیش کی کتابیں کہتی ہیں کہ ضیاء الرحمن نے، مجیب الرحمن نہیں، آزادی کا اعلان کیا۔
- Thailand introduces online e-visa platform for Pakistan and Afghanistan
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content