Fake accounts case: AC summons Hussain, Kudwavi on April 19


Kudwavi Younus Kudwavi Younas Kudwavi fake accounts case NAB national accountbility bureau 600 million
04 Apr, 2019 7:35 pm

ISLAMABAD (News) – An accountability court (AC) in Islamabad on Thursday summoned set April 19 as the date of hearing of the first reference filed by the National Accountability Bureau (NAB) in fake bank accounts case.

In this regard, Karachi’s ex-administrator Mohammad Hussain Syed and former president Asif Ali Zardari’s close aid Younas Kudwavi have been summoned in the court.

NAB recovers Rs600mln from Younas Kudwavi in fake accounts case

On Wednesday, the Rawalpindi National Accountability Bureau (NAB) recovered Rs 600 million from prime suspect Younas Kudwavi in the fake accounts case.

It is pertinent to mention here that Younas Kudwavi is also business partner with former president Asif Ali Zardari in Park Lane Estate.

According to the details garnered, the anti-graft watchdog had filed a first reference against nine persons including former Karachi administrator Muhammad Syed and Younas Kudwavi in fake accounts case.

NAB has also presented its interim challan before the accountability court – approved earlier by its executive board. Kudwavi is among eight nominated in the case.

According to the sources, the accused was charged with issuing illegal allotment letters registered for temple and library on the government property.

Reportedly, the plots of Kudwavi were transferred illegally into his servant’s name. However, Nadeem Ahmed ready to become approver against the close aide of Zardari.

It is worth mentioning here that Younas Kudwavi who holds Canadian citizenship had been living in the UAE since the fake accounts case emerged 14 months ago. “But he [Kudwai] moved to the UK three months back and then left for Canada.

Fake accounts case: NAB executive board approves first reference

Earlier, the National Accountability Bureau (NAB) executive board granted approval for filing of the first reference pertaining to the fake bank accounts case.

NAB Chairman Justice (r) Javed Iqbal chaired the executive board meeting which granted approval for the filing of six corruption references, including one pertaining to the fake bank account case.

According to the notification of the anti-graft watchdog, it stated, “Approval was granted for the filing of a reference against Khawaja Abdul Ghani Majeed, chief executive officer Omni Group of companies, and others.”

It further stated that the suspects are accused of fake bank accounts and illegally regularising seven acres of official land. The suspects caused a Rs1.422 billion loss to the national exchequer.”

The executive board of the NAB also gave the go-ahead for the filing of a reference against Ijaz Ahmed Khan, former secretary Special Initiative Department Sindh.

The former secretary of Special Initiative Department is accused of misuse of power and favouritism in awarding supply scheme contracts, the notification read. The suspect caused a loss of Rs29.25 million to the national exchequer, it added.

A reference against  Ali Gohar Dahri and others has also been accorded approval. As per the notification, the suspects are accused of misuse of power and illegal appointments. The suspects caused a loss of Rs74.85 million to the national exchequer, it said.

Further, the executive board granted approval for the filing of a reference against former CDA Planning Wing director general Ghulam Sarwar Sindhu and others. The suspects have been accused of corruption and misuse of power in allotting 4.5 acres of land for a shuttle bus service in the diplomatic enclave. This caused a loss of Rs408.32 million to the national exchequer, the notification upheld.

Approval was also given for a reference against former secretary of Workers Welfare Fund (WWF) Iftikhar Rahim Khan and others over charged of corruption and embezzlement of funds. The suspects caused a loss of Rs466 million to the national exchequer, according to the notification.


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