News Analysis |
The National Accountability Bureau (NAB) has approved inquiries against the former Prime Ministers Nawaz Sharif and Shahid Khaqan Abbasi, chief ministers Shahbaz Sharif and Qaim Ali Shah, and some others in separate cases.
The Chairman of the NAB, retired Justice Javed Iqbal, who was heading an executive board meeting of the bureau approved an inquiry against Nawaz and Abbasi for allegedly awarding a 15-year contract for a liquefied natural gas (LNG) terminal against the rules when Abbasi was the petroleum minister in Nawaz’s cabinet.
Pakistan’s economy is in a critical phase and corruption and black-money are on their rise.
Interestingly, in December 2016, the NAB had ‘wrapped up’ an inquiry which was conducted for almost 17 months against Abbasi for his alleged role in awarding a Rs220 billion contract for the import