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Loss of $11 125m to exchequer: NAB seeks reference against Hafeez Sh, others

July 13, 2021 ISLAMABAD: The National Accountability Bureau (NAB), Karachi recommended the NAB Headquarters for filing a reference against ex-finance minister Dr Abdul Hafeez Sheikh, FBR ex-chairman Abdullah Yousaf and FBR ex-chairman Salman Siqqiuqe besides others for involvement in misuse of authority thereby causing loss to the exchequer to the tune of $11.125 million. The decision was taken in the meeting of the Karachi NAB which was chaired its Director General Dr Najaf Quli Mirza wherein inquires, investigations and various other operational matters were discussed and decided. The regional board recommended filing references to NAB chairman and authorised two inquiries and the total worth of cases was millions of rupees.

Ex-finance minister Hafeez Shaikh on NAB s radar over misuse of authority

Ex-finance minister Hafeez Shaikh on NAB’s radar over ‘misuse of authority’ Watchdog says Shaikh, two former FBR chairmen Abdullah Yousuf and Salman Siddique incurred $11 million losses to national exchequer July 13, 2021 The National Accountability Bureau’s (NAB) Karachi office has requested to file a reference against former finance minister Abdul Hafeez Shaikh, a spokesperson for the anti-graft watchdog said on Monday. The spokesperson said NAB Karachi’s Regional Board meeting has sent requests to the central office for filing reference and decided to start proceedings in several cases against the former minister and officials of the Federal Board of Revenue (FBR) over ‘misuse of authority’ causing loss to the tune of $11.125 million to the national exchequer.

NAB to file reference against Hafeez Shaikh, 2 FBR ex-chairmen - Newspaper

Dr Hafeez Sheikh was alleged to have been involved in misuse of authority during its previous tenure as finance minister in former PPP government. AFP/File KARACHI: The National Accountability Bureau Regional Board Karachi on Monday recommended filing a reference against a former finance minister and two ex-chairmen of FBR on charges of misuse of authority, causing loss of over $11 million to the national kitty. The Regional Board meeting held here with DG NAB Karachi Dr Najaf Quli Mirza in the chair also recommended to the chairman NAB to file a reference against former officers of land utilization department, Board of Revenue Sindh including former member Ghulam Mustafa Phul while inquires, investigations and various other operational matters were discussed in the meeting.

Dr Hafeez Shaikh on NAB radar

Dr Hafeez Shaikh on NAB radar
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