National Accountability Bureau (NAB) has once again punched forcefully to the corruption cases on true merit, irrespective of the status of guilty, in accordance with the Chairman’s objective to Look at the cases and not faces.
NAB has recovered PKR 2.12 billion through Plea Bargain from the accused Asif Mahmood and Arif Ali, Directors of Technomen Kinetics (Pvt) Ltd involved in illegal bidding, exorbitant rates, corruption, and money laundering acts in power generation projects for Sindh, Pakistan.
According to NAB’s spokesman, plea bargain has been considered after investigation against Holder of Public Office, Legal Person and Others Involved in Fake Bank Accounts Scam and providing Illegal favors to Technomen Kinetic (Pvt) Ltd, and Other Projects including Sindh Nooriabad Power Company and Sindh Transmission and Dispatch Company (STDC) by misuse of Funds.
According to report, Accused Asif Mahmood and Accused Arif Ali, the Directors of Technomen Kinetics (Pvt) Ltd, Sindh Nooriabad Power Company (Pvt) Ltd, Sindh Nooriabad Power Company (Pvt) Ltd Phase-II with the help of Government officials and others were found to be involved in collusive bidding, exorbitant rates, and corruption in power generation projects of Sindh.
During the investigation, both accused submitted a plea bargain application of Rs. 2.12 Billion to NAB authorities, which will be submitted to Accountability Court for final approval by the Investigation team leads by Younis and Hammad Kamal.
NAB sends legal notice to PSP Chairman Mustafa Kamal
The National Accountability Bureau (NAB) on Tuesday also sent a legal notice to former Mayor of Metropolitan city Karachi and Pak Sar-Zameen Party’s (PSP) Chairman Mustafa Kamal for passing inappropriate statements against the institution.
The accountability watchdog put forward a statement that revealed, “NAB to approach the court for legal action against Mustafa Kamal.”
The accountability watchdog further said, the PSP chairman needs to submit an apology for his statements that he made two days ago against the institution.
NAB will investigate the amount of PKR 300 billion that was to be used for development projects in Karachi. “Despite the allocated of this huge amount for development in the city, the metropolis’s problems stand as it is. If this amount was spent on the development of the city then what projects were the money spent on and whether the projects were completed or not,” the statement added.
“NAB is a national institution that is working on eliminating corruption from the country. A person who is the former mayor of Karachi, against whom there are already corruption references by NAB, should not be using inappropriate language against NAB and its officers. NAB strongly condemns this action. NAB recommends the former Karachi mayor instead of wasting energy to criticize NAB and its officials, use that energy to defend himself against the references filed against him,” it stated.
