NAB summons Sheikh Rasheed in £190m settlement case today

Latest May, 29 2023
NAB summons Sheikh Rasheed in £190m settlement case today
  • 147
  • 0

RAWALPINDI: National Accountability Bureau summoned former Minister and Awami Muslim League Chief Sheikh Rasheed Ahmed in Al-Qadir Trust case related to settlement of 190 million pounds.

Rasheed, who is close confidant of Pakistan Tehreek-e-Insaf Chairman Imran Khan has been directed to appear before anti-corruption watchdog in person today. As per NAB notice, Rasheed was also asked to bring along all documents related to case. Khan - along with his wife Bushra Bibi and other PTI leaders - is facing a NAB inquiry related to a settlement between the PTI government and a property tycoon, which reportedly caused a loss of £190 million to the national exchequer.

As per charges, Imran Khan and other accused allegedly adjusted Rs 50 billion (£190 million) at time sent by Britain’s National Crime Agency (NCA) to Pakistani government as part of agreement with property tycoon.

They are also accused of getting undue benefit in form of over 458 kanals of land at Mouza Bakrala, Sohawa to establish Al-Qadir University.

Published in The Daily National Courier, May, 30 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Justice Shah relinquishes role as SC's administrative judge

ISLAMABAD: The Supreme Court's senior puisne judge, Justice Mansoor Ali Shah, has relinquished from the position of a SC administrative judge, yesterday. It has emerged that Justice Mansoor refused to sign regular administrative documents that were h...

OVER INVOLVEMENT IN MAY 9 RIOTS

RAWALPINDI: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan's nephew Hassan Khan Niazi is among 60 more "culprits" sentenced by the military court for their involvement in the May 9 riots, the military's media wing said yesterday. "The Field Genera...

Pak Army major martyred, 13 terrorists killed: ISPR

RAWALPINDI: A Pakistan Army major embraced martyrdom while 13 terrorists were killed during three separate operations in Khyber Pakhtunkhwa, the military's media wing said yesterday. An intelligence-based operation was conducted on the reported prese...

Pak-China partnership key to regional stability: PM

ISLAMABAD: Prime Minister Shehbaz Sharif emphasised the enduring and pivotal strategic partnership between Pakistan and China, calling it "an anchor of regional stability" and "a beacon of hope for global peace and prosperity." Speaking at a ceremony...

More like this
Related

ECC bans export of sugar

Islamabad: Economic Coordination Committee (ECC) of Cabinet has imposed ban on export of sugar. According to Ministry of Finance officials, this decision aims to curb escalating sugar prices domestically. Chaired by caretaker Finance Minister Dr. Sha...

PPP CEC decides to advocate general elections in 90 days

KARACHI: Pakistan Peoples’ Party Central Executive Committee decided to advocate organisation of general elections in 90 days.Bilawal Bhutto Zardari chaired session of PPP CEC to make key decisions including general elections and consultations...

PTI reiterates call for election within 90 days

ISLAMABAD: Pakistan Tehreek-e-Insaf has urged electoral watchdog to drop process and conduct polls with 90 days. Both parties made their position clear when ECP officials met them as part of its consultations with major political parties on election...

Bilawal, UN Secy Gen discuss revival of Black Sea Grain Initiative

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari held telephone conversation with United Nations Secretary General Antonio Guterres and shared Pakistan’s perspective on stalling of Black Sea Grain Initiative (BSGI) and its implications for fo...
Need Help? Chat with us