Double Click 728 x 90
Double Click 900 x 250

Fake Banks Accounts Case: Murad Ali Shah reaches NAB headquarters

Syed Umarullah HussainiWeb Editor

04th Jun, 2020. 09:35 am
Double Click 160 x 600
Murad Ali Shah

Sindh Chief Minister Syed Murad Ali Shah has reached the National Accountability Bureau (NAB) headquarters in Rawalpindi after being summoned in the case of a solar light.

As per details, NAB-Rawalpindi has called Mr. Shah in the case of the solar light in which the anti-graft watchdog has already recovered about Rs290 million through a plea bargain.

The case is related to the multi-billion fake bank accounts case against the Pakistan Peoples Party (PPP) leadership, including former president Asif Ali Zardari, PPP chairman Bilawal Bhutto-Zardari, Sindh CM Murad Ali Shah, Faryal Talpur and senior bankers and bureaucrats.

Murad Ali Shah has already visited NAB-Rawalpindi in the same case and he has been summoned for the second time. He has been accused of illegally awarding contracts for the purchase and distribution of solar lights in Sindh.

Sindh Chief Minister is also facing some other NAB cases, including sugar mills subsidy case and Nooriabad Power Project case. The anti-graft body established a combined investigation team led by NAB-Rawalpindi director-general Irfan Mangi to probe the fake accounts case.

It was reported that Murad Ali Shah was the Sindh finance minister when subsidies were given to certain sugar mills, including “closed” Thatta Sugar Mills and Dadu Sugar Mills. Furthermore, The Nooriabad Power Project was originally conceived by the Sindh government in 2012, but it could not materialize then due to “red-tapism and delays in regulatory approvals”.

The project was finally started in August 2014 under a public-private partnership for Rs 13bn in which the Sindh government held 49 percent shares and a private company owned 51pc. A 95-km-long, 132kV double-circuit transmission line was laid from Nooriabad to Karachi at Rs1.95 billion.

Double Click 300 x 250

Download BOL News App for latest news