SC to announce verdict in Steel Mills corruption case today

Pakistan

SC to announce verdict in Steel Mills corruption case today

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The Supreme Court will announce its verdict in Steel Mills corruption case today.

16 May,2012 06:36 am

The court will announce its judgment in a suo motu case regarding alleged corruption of Rs 26 50 billion in the Pakistan Steel Mills.As per details, a three-member bench of Supreme Court headed by Chief Justice Iftikhar Muhammad Chaudhry conducted short hearing of the Steel Mills corruption case on March 15 and reserved its verdict.Earlier, the CJP said that the forensic audit report has proved corruption of Rs 26.50 billion within a year in the Steel Mills. Some accused also has been nominated in the report, he said. In the last hearing, Secretary Production had assured that some of the cases of accused would be referred to the NAB.Steel Mills’ counsel Fakhruddin Ibrahim told to the court the nominate accused were on pre-arrest bail while Steel Mills former chairman Moen Aftab was also hospitalised. The chief justice commented that detailed judgment would be announced soon.