NAB clears PM in Ashiana case

The us of a’s pinnacle responsibility watchdog has declared Prime Minister Shehbaz Sharif “harmless” in a reference that the graft buster filed in an duty courtroom in 2018 against Shehbaz’s alleged misuse of authority in executing a low price housing scheme for the duration of his stint as Punjab chief minister.The National Accountability Bureau (NAB) has additionally found “no proof” of corruption in the contract of the scheme—the Ashiana-e-Iqbal Housing Society—launched in 2010 in Lahore.

According to a file issued by means of NAB, Shehbaz Sharif did no longer get any monetary benefit from the task which also did now not reason any loss to the countrywide kitty. “It is proved beyond any doubt that the treasury didn’t go through any loss,” the record stated.

“No evidence of misuse of powers become found towards Shahbaz Sharif,” it introduced.

The NAB report said no factor of malice turned into tested against the top minister.

The document claimed that Kamran Kayani, a brother of former army chief General (retd) Ashfaq Parvez Kayani, also did now not cause any harm to the treasury.
It found that Fawad Hasan Fawad, who on the time served because the secretary implementation to then-Punjab leader minister Shehbaz, took no bribe to award the contract.It said PM Shehbaz had despatched the Ashiana case to the anti-corruption watchdog as per the regulation. “The responsibility courtroom should determine on Shehbaz Sharif’s plea for acquittal in keeping with the regulation,” the record stated.

This is the second one major NAB case in opposition to the prime minister in which he has been declared innocent. Earlier this month, the anti-graft watchdog declared Prime Minister Shehbaz, his son Hamza Shehbaz and others “harmless” in a Rs7 billion reference that accused the Shehbaz circle of relatives of accumulating assets beyond their recognised assets of income and money laundering.

When released, the Ashiana-e-Iqbal Housing Scheme turned into touted as a low-value housing scheme. However, soon accusations of irregularity started to pop up as inexplicable delays in ballots and the allotment of completed gadgets started to crop up.

The usa’s pinnacle accountability watchdog on Oct 5, 2018 arrested Pakistan Muslim League-Nawaz (PML-N) President and former Punjab chief minister Shehbaz Sharif over his alleged involvement within the multi-billion rupees housing scam.

In a statement issued by means of NAB after Shahbaz’s arrest in December 2018, it had claimed that it had sufficient evidence to prove the involvement of the previous CM in commission of offences as defined underneath phase nine(a) and Schedule of the NAB 1999.

It said that Shehbaz, as Punjab CM illegally assumed powers of the Punjab Land Development Company’s (PLDC) Board of Directors.

“[He] misused his authority and acted in connivance with accused Fawad Hassan Fawad, then the secretary implementation to CM Punjab, and others and illegally were given cancelled a settlement provided to M/s Chaudhry Latif and Sons for infrastructure development of Ashiana-e-Iqbal Housing Project,” it said.

According to NAB, the stated award of contract became declared lawful, as per the PPRA Rules, through a high-powered committee so there was no justification to cancel it. However, it become accomplished to present unlawful favour to a fave contractor who had paid unlawful gratification for the same.

“Accused as CM Punjab in a assembly dated October 21, 2014, unlawfully directed [the] PLDC to entrust the venture of Ashiana-e-Iqbal Punjab to [the] Lahore Development Authority (LDA).

“This choice become illegal and malafide as the PLDC turned into the employer which turned into installed for mission such housing projects,” said the NAB announcement.
It stated the selections for the PLDC have been to be taken by using its board of directors (BOD) independently as in line with the Corporate Governance Rules 2013 and Companies Ordinance 1984 (now Companies Act 2017).

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