ISLAMABAD: The Executive Board meeting of National Accountability Bureau (NAB) presided by its Chairman; Former Justice Javed Iqbal approved holding several inquiries and initiating investigations into alleged malpractices by organizations and individuals.

The chairman NAB ordered to complete all inquiries and investigations and said that no case should be delayed for an indefinite period, says a press release issued here on Monday. The Executive Board approved to start investigation against former head Pakistan Science Foundation Islamabad (ex-president) Dr Manzoor Hussain Soomro for alleged misuse of authority by making illegal appointments in Pakistan Science Foundation and spending money on over 20 local and foreign official tours; thus, causing millions of rupees loss to national kitty.

The meeting approved to start inquiry against officials of Pakistan Agricultural Research Council for more than 200 illegal appointments. Inquiry was also approved against CDA employees and others for selling Plot 11 in Sector G-6 Civic Center Islamabad, at nominal rates.

The meeting also approved inquiry against officials of Privatization Commission of Pakistan. They violated PEPRA rules in privatization of American Fertilizer Ltd, and Daudkhail Mianwali which brought loss of around Rs3.889 billion to national kitty.

It was also approved to initiate investigation into alleged malpractices against administration of NEPRA, Ministry of Water and Power, IPPS, M/S Blue Star Hydel Pvt Ltd, M/S Bukhsh Solars Pvt Ltd, M/S Saif Solars Pvt Ltd, M/S Lucky Electric Power Company Ltd, M/S Sadqaa Sons Energy Ltd. They violated solar power plants tariff due to which national kitty had to bear loss of over Rs200 billion.

Inquiry was also approved against Dr Akram Ch VC Sargodha University for illegal appointments thus causing loss to national kitty. The board also approved inquiry against Inspector FIA Adnan Lohani, former Senator Abdul Razaq and Chief Executive M/s Malik Exchange Private Ltd Kamran Khan for abusing their power, taking bribe and money laundering. Executive Board meeting also approved investigation against Talat Mehmood, Nouman Nawaz, Ijaz Ahmed, Raja Kamran and others who allegedly involved in corruption worth Rs3.14 million. The board also approved an inquiry against owners and developers of Al-Khair Housing Society for looting Rs27.065 from masses. The board also ordered inquiry into mega corruption in 'Land Utilization Department Sindh' which caused loss to national exchequer.

The board also approved an inquiry against the officers of Bank of Khyber for employment of 1400 people in violation of rule and regulations. The EBM also approved an inquiry against DG anti corruption Punjab of misuse of power and refusal to provide record to NAB under the law. The board approved investigation against former Director General Sindh Building Control Authority Manzoor Qadir and others for changing status of Public welfare plots into commercial land which caused loss of Rs500 million to national kitty. The meeting also ordered inquiry against Muhammad Mohsin and Rahila Magsi as State Bank of Pakistan had sent the case to NAB under D-31 for suspicious transactions. The board approved corruption investigation against Arif Ali Shah Bukhari, KASB Noor Developers Pvt Ltd former Director/former administration BIPL and Structured Venture Pvt Ltd who caused Rs375 million loss to national exchequer.—PR