Game

CORPORATE WINDOW: Driving auto antiques

字号+ Author: Source:Sport 2025-01-15 23:57:24 I want to comment(0)

ISLAMABAD: An Accountability Court of Islamabad on Tuesday acquitted Sindh Chief Mi­­nister Syed Mur

ISLAMABAD: An Accountability Court of Islamabad on Tuesday acquitted Sindh Chief Mi­­nister Syed Murad Ali Shah and others in No­­oriabad Rental Power Project . The National Accountability Bureau (NAB) filed an application seeking withdrawal of the reference in the light of amendments to the National Accountability Ordinance (NAO) that was by the Supreme Court recently. The bureau said that in the light of the amendments to NAO, the case against the CM and others could not be proceeded. Accountability Court judge Nasir Javed Rana accepted the application and acquitted all the accused in the case. The reference is an offshoot of the fake accou­nts case where the ex-chief minister was accused of using his influence and released funds for the in violation of rules. The Rs13 billion Nooriabad power project was launched in 2014 under a public-private partnership in which the Sindh government holds 49 per cent of shares and a private company owns 51pc shares. It is also alleged that the former chief minister concealed material facts from the Sindh cabinet and allegedly misled it to benefit the Omni Group of companies, owned by Anwar Majeed, a close aide of President Asif Ali Zardari. Mr Shah also allegedly managed to release Rs3bn loan to the companies. According to the reference, the Nooriabad Power Plant project was conceived to allegedly whiten Omni Group’s ‘black money’. At the time, Mr Shah was the adviser to the then-provincial chief minister for finance and energy. Besides Mr Shah and Mr Majeed, 16 others were also named as accused in the reference.

1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;

Related Articles
  • RDA asked to complete metro corridor rehabilitation at earliest

    RDA asked to complete metro corridor rehabilitation at earliest

    2025-01-15 22:45

  • Israel far-right minister rejects Lebanon ceasefire, calls for ‘crushing’ Hezbollah

    Israel far-right minister rejects Lebanon ceasefire, calls for ‘crushing’ Hezbollah

    2025-01-15 22:41

  • Israel has informed US of plans for limited ground operation in Lebanon: report

    Israel has informed US of plans for limited ground operation in Lebanon: report

    2025-01-15 21:41

  • CDA projects in Islamabad move down on priority after technical bids

    CDA projects in Islamabad move down on priority after technical bids

    2025-01-15 21:17

User Reviews