You have commented 358 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
India-Pakistan
NAB summons Sheikh Rashid in 190 million settlement case
2023-05-30
[GEO.TV] The National Accountability Bureau (NAB) on Monday summoned former federal minister and Awami Moslem League (AML) chief Sheikh Rashid Ahmed in the al-Qadir Trust case related to the settlement of 190 million pounds.

Rashid, who is a close confidant of Pakistain Tehrik-e-Insaf
...a political party in Pakistan. PTI was founded by former Pakistani cricket captain and philanthropist Imran Khan. The party's slogan is Justice, Humanity and Self Esteem, each of which is open to widely divergent interpretations....
(PTI) Chairman Imran Khan
...aka The Great Khan, who ain't the sharpest bulb on the national tree...
, has been directed to appear before the anti-corruption watchdog in person tomorrow (Tuesday) at 11am.

As per the NAB notice, the former federal minister was also asked to bring along all documents related to the case.

Khan — along with his wife Bushra Bibi and other PTI leaders — is facing a NAB inquiry related to a settlement between the PTI government and a property tycoon, which reportedly caused a loss of £190 million to the national exchequer.

As per the charges, the former prime minister and other accused allegedly adjusted Rs50 billion — £190 million at the time — sent by Britannia’s National Crime Agency (NCA) to the Pak government as part of the agreement with the property tycoon.

They are also accused of getting undue benefit in the form of over 458 kanals of land at Mouza Bakrala, Sohawa, to establish al-Qadir University.

During the PTI government, the NCA seized assets worth 190 million pounds from the property tycoon in Britannia.

The agency said the assets would be passed to the government of Pakistain and the settlement with the Pak property tycoon was "a civil matter, and does not represent a finding of guilt".

Posted by:Fred

00:00