Skip to main content

Judgement reserved in Nandipur project case

ISLAMABAD: The accountability court, Islamabad, on Thursday reserved its judgement on the reference filed by the National Accountability Bureau (NAB) in the Nandipur power project case.

Ruling PTI leader Dr Babar Awan and former law secretary retired Justice Riaz Kiani were acquitted in the case last year by the then accountability court judge Mohammad Arshad Malik.

Judge Malik was later removed after a video scandal surfaced. Accountability judge Mohammad Azam Khan reserved the judgement on Thursday.

The accused in the case were PPP leader Raja Pervaiz Ashraf, former federal secretary Masood Chishti, Shahid Rafi and other officials of the law and erstwhile ministry of water and power.

Concluding his arguments in the court, the defence counsel said that prosecution had failed to point out any pecuniary benefit. He said the case of the prosecution was that the government officials did not complete codal formalities in time for the Nandipur power project.

Former PM Raja Pervaiz Ashraf of PPP is among accused

He said the recently promulgated presidential ordinance on NAB’s law categorically made it clear that misuse of authority could not be cited as an offence unless there was solid proof of getting financial benefit against some procedural lapses.

He pointed out that the prosecution had tabled the entire record related to the case in nine volumes, while key witnesses from ministries of energy, cabinet division and law and justice had recorded their statements.

He said there was not an iota of evidence connecting his clients with any delay or negligence in the power project.

He said the law ministry did not accord any approval for the project even after his client resigned as law minister.

The National Accountability Bureau, Rawalpindi, had on Sept 5, 2018, filed a reference against seven politicians and officials, contending that the project had faced a delay of two years, one month and 15 days, resulting in the loss of Rs27.3 billion to the national exchequer.

The project, situated in Gujranwala district, could not be completed and operated on time because the accused failed to issue legal opinion.

The Nandipur power project was approved by the Economic Coordination Committee of the cabinet on Dec 27, 2007, at a cost of $329 million. After the approval, a contract was signed on Jan 28, 2008, between the Northern Power Generation Company Limited and the Dong Fang Electric Corporation, China, and two consortiums — Coface for 68.967 million euros and Sinosure for $150.151m — were set up for financing the project.

The water and power ministry sought a legal opinion on the project from the law ministry in accordance with the schedule of agreement in July 2009, but the accused repeatedly refused to offer one.

The water and power ministry also failed to take any concrete step to resolve the issue and the matter remained pending.

Published in Dawn, February 28th, 2020



from The Dawn News - Home https://ift.tt/2weDVaE
via IFTTT

Comments

Popular posts from this blog

Trump says he urged team to ‘slow’ COVID-19 testing

US President Donald Trump said Saturday he was encouraging health officials in his administration to slow down coronavirus testing, arguing that increased tests lead to more cases being discovered. The president has claimed falsely on several occasions that surges of COVID-19 in several states can be explained by greater numbers of diagnostic tests. At his first rally since the outbreak forced nationwide shutdowns in March, Trump told the crowd in Tulsa, Oklahoma that testing was a “double-edged sword.” The United States — which has more deaths and cases than any other country — has carried out more than 25 million coronavirus tests, placing it outside the top 20 countries in the world, per capita. “Here is the bad part: When you do testing to that extent, you are going to find more people, you will find more cases,” Trump argued. “So I said to my people ‘slow the testing down.’ They test and they test.” It was not clear from Trump’s tone if he was playing to the crowd, who ...

Sir Anwer Pervez, richest Pakistani British businessman, loses £432m in pandemic

Sir Anwar Pervez OBE, the founder and chairman of Bestway Cash & Carry has lost £432 million during the coronavirus pandemic to bring him down to No 50 on the richest British people list. The list has 1,000 people and is published by the Sunday Times newspaper . Pervez was at No 42 previously.  The 2020 list of the UK’s richest shows its first fall in wealth in a decade as Britain’s wealthiest people lost tens of billions of pounds in the coronavirus pandemic, the Sunday Times reported in its Rich List 2020. The newspaper, which has produced the respected annual ranking of the country’s 1,000 wealthiest people since 1989, found the past two months had resulted in the super-rich losing £54 billion ($65 billion). More than half of the billionaires in Britain had seen drops in their worth by as much as £6b, a decrease in their collective wealth unprecedented since 2009 and the financial crisis. The Hinduja brothers, who topped last year’s list with a £22b fortune, saw among ...

Despite reservations about jury, Pakistan to implement FATF reforms: envoy

WASHINGTON: Despite its reservations about the fairness of the jury which is to determine Pakistan’s performance against terror financing, the government is committed to implementing its action plan for dealing with this issue, says Islamabad’s Washington envoy Asad Majeed Khan. In a conversation with a prominent US scholar George Perkovich, recorded at the Carnegie Endowment for International Peace in Washington on Monday afternoon, Ambassador Khan said the actions that Pakistan had taken so far to eliminate terror financing were “reflective of the political will”. “We feel that we have done a lot. We are also clear and determined to do more,” said the envoy while responding to a question about a meeting of the Financial Action Task Force (FATF) held in Orlando last week, which asked Pakistan to implement its own action plan for eliminating terror financing by October. Failing to do so could put Pakistan on a blacklist of violators and bring strict economic sanctions too. “But we w...