shot-button
Subscription Subscription
Home > News > World News > Article > Sharifs interim PM nominee facing Rs 220 bn graft inquiry

Sharif's interim PM nominee facing Rs 220 bn graft inquiry

Updated on: 01 August,2017 10:26 AM IST  |  Islamabad
Agencies |

The ruling PML-N party's interim prime minister nominee Shahid Khaqan Abbasi is facing a Rs 220 billion corruption inquiry by Pakistan's National Accountability Bureau (NAB) over an LNG contract, according to a media report

Sharif's interim PM nominee facing Rs 220 bn graft inquiry

Shahid Khaqan Abbasi. Pic/AFPShahid Khaqan Abbasi. Pic/AFP


The ruling PML-N party's interim prime minister nominee Shahid Khaqan Abbasi is facing a Rs 220 billion corruption inquiry by Pakistan's National Accountability Bureau (NAB) over an LNG contract, according to a media report.


Abbasi, the former minister for petroleum and natural resources, is the principal accused in a NAB case registered in 2015 over the award of a LNG import contract, Dawn News reported.


While the bureau registered the case on July 29, 2015, it is still in the inquiry stage. The case was registered on the complaint of Shahid Sattar, an energy expert and former member of the Planning Commission and the SSGC board of directors, along with others, accusing Abbasi of misusing his authority and causing a potential $2 billion loss to the national exchequer in 15 years.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK