NAB traces Khursheed Shah’s assets worth of billion rupees
ISLAMABAD (92 News) – The National Accountability Bureau (NAB) traced the Pakistan Peoples’ Party (PPP) Khursheed Shah’s assets worth of billion rupees.
According to the sources, the corruption watchdog body arrested Khursheed Shah because he could not satisfy the NAB on his assets of billion rupees.
The sources said that the PPP senior leader opened 105 bank accounts on the name of his family members. Khursheed Shah acquired assets worth some Rs700 million on names of his frontmen through ill-gotten money.
“Two hotels, two flour mills, petrol pump and 83 properties acquired by the PPP leader on names of his frontmen,” it added. The sources said that Khursheed Shah accused of illegally registering plot for Bungalow.
NAB’s top officials probing the matter claimed to acquire several important records/files from Sukkur district administration where revenue officers shared important details, which led ultimately to Shah’s arrest from Islamabad.
“We have acquired details of all assets and property on Mr Shah, his family’s names and his front-men,” a senior official of NAB told. Sharing the facts/findings, NAB official claimed that Sukkur NAB team got access to documents, which revealed that PPP MNA Syed Khursheed Shah through his friend acquired New Taj Hotel, Shikarpur road Sukkur, worth Rs250 million.
The friend is known as Aijaz Balouch (benamidar/frontman) in Sindh, added the official. A petrol pump worth some Rs90 million at Rohri Road in the name of Qasim Shah (benamidar/frontman), another official of NAB claimed. A bungalow in the name of Pappu Mahar (benamidar/frontman) on government land was also allegedly built by Syed Khursheed through kickbacks, revealed a senior official of NAB now posted in Sukkur.
A hotel named Gulf Hotel was also constructed by Mr Shah in Rohri in the name of (benamidar/frontman) where money was arranged through kickbacks by the local contractors, the official added on condition of anonymity.
NAB officials further claimed that Mr Shah as MNA also misused his authority got huge contracts for his partners and agents including M/s Umar Jan and Com, Nawab and Com, etc in interior Sindh where millions of rupees were embezzled.
NAB is also probing Khursheed’s properties, which were located in Sukkur, Rohri and Karachi, NAB officials revealed. Mukesh Flour Mills, Glamour Bungalow, Junejo Flour Mills and 83 other properties are registered against the names of Shah’s alleged frontman, Pehlaj Rai, they further revealed. Officials further claimed that some 11 properties were registered in the name of another front man, Lado Mall, and 10 properties are registered in the name of Hussain Soomro.
Officials further claimed that more high profiles arrests are also expected in Sindh. These arrests would link to this case, they added.
NAB arrests Khursheed Shah from Islamabad
A day earlier, the Rawalpindi and Sukkur NAB jointly arrested PPP leader Khurshid Shah from his residence at Bani Gala, Islamabad. Khurshid Shah faces the charge of possessing assets beyond known sources of income and having ‘benami’ properties.
He will be handed over to the Sukkur NAB after his transit remand. On Thursday, he will be presented in an accountability court in Sukkur.