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Today's Paper | October 17, 2024

Published 06 Jul, 2021 06:54am

Attachment of assets in fake accounts case challenged

ISLAMABAD: Sindh’s former energy secretary Agha Wasif Abbas filed in an accountability court here on Monday an application challenging attachment of his assets.

The court sought a reply from the National Accountability Bureau (NAB) to Mr Wasif’s application by July 15. Judge Syed Asghar Ali confirmed the freezing of 13 bank accounts belonging to Mr Wasif and his family members.

NAB had on June 17 asked the banks to freeze these accounts, informing them that Mr Wasif was among the accused persons in “fake bank accounts scam regarding extending illegal favours to M/s Technomen Kinetic (Private) Limited and others in projects of Sindh Nooriabad Power Company and Sindh Transmission and Dispatch Company (STDC) and misappropriation of funds”.

NAB accused Agha Wasif of misusing his authority by deliberately neglecting his duties and giving undue favours to private partners of the Sindh Nooriabad power project, which caused a loss of Rs2.95 billion to the national exchequer.

Mr Wasif, however, filed objections saying despite the fact that the Islamabad High Court granted bail to him, NAB froze his 13 bank accounts and attached a plot in DHA, Karachi. He requested the court to review confirmation about freezing of his assets.

Further hearing was adjourned to July 15.

Published in Dawn, July 6th, 2021

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