ISLAMABAD (Dunya News) – Accountability court on Thursday has sent former petroleum minister Shahid Khaqan Abbasi and ex-finance minister Miftah Ismail to jail on physical remand in liquefied national gas (LNG) scandal.
During the hearing, the court rejected National Accountability Bureau’s (NAB) appeal of extending physical remand of the accused and approved their judicial remand.
It is to be mentioned here that the apex court on September 10, 2018 directed the NAB to complete the inquiry against Abbasi and others for the alleged corruption in the LNG contract.
As the minister for petroleum and natural resources, he has been accused of granting contract on LNG Terminal to ETPL, Tri-partial agreement, LSA with EETPL and LNG import from Qatar etc.
In June 2018, the NAB approved inquiry against former premier Nawaz Sharif and Abbasi, who was the former minister for petroleum and natural resources at that time, in granting contract of LNG terminal for 15 years to their ‘favourite’ company.
It was also observed that this contract had allegedly caused a loss of billions of rupees to the national exchequer.
In January, the NAB interrogated former finance minister Miftah Ismail in the same case.
According to NAB documents, the contract for the LNG import and distribution was awarded to the Elengy Terminal, a subsidiary of Engro, in 2013 in violation of the Public Procurement Regulatory Authority (PPRA) rules and relevant laws.