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January 1, 2021
LAHORE: The NAB has filed a reference against former Punjab minister for mines & minerals Muhammad Sibtain Khan along with eight other accused allegedly involved in illegally granting of a multi-billion contract to M/s Earth Resource (Pvt) Ltd (ERPL) with alleged abetment and connivance of Management of Punjab Mineral Development Corporation (PUNJMIN) regarding leasing rights of iron ore deposits located at Rajoa and Chiniot areas.
As per the reference details, NAB Lahore’s Combined Investigation Team (CIT) had launched a probe over an alleged lopsided agreement after being referred from the Lahore High Court that a mining agreement between M/s ERPL and PUNJMIN’s management for mining of huge iron ore deposits comprising 500 metric tons located in Rajoa and Chiniot areas of Punjab.