ISLAMABAD: Chief Justice Iftikhar Muhammad Chaudhry Thursday said that the National Accountability Bureau (NAB) was inflicting loss to the national exchequer by failing in recovering plundered money in Rental Power Projects (RPPs) scandal.
A three-judge bench of the apex court was hearing the case of RPPs.The chief justice said that in spite of the court’s directives, NAB had failed to initiate proceedings against those involved in the corruption.
During the hearing, petitioner Makhdoom Faisal Saleh Hayat told the bench that NAB had failed to implement the court’s order in its entirety.He further said that NAB had also allowed the Karkey, a 232MW Turkish ship-mounted power plant, to sail out of Pakistan.
Hayat said the Karkey plant, which was anchored at Port Qasim, had been allowed to leave without repaying Rs22 billion and requested the bench to probe the matter.The counsel for the NAB told the bench that the concerned Turkish firm would have to return $17.20 million and that NAB was active in that regard.
Responding to which, Justice Gulzar remarked that NAB was quoting one figure whereas Hayat was quoting another. The judge inquired as to why the difference between the two figures was so stark.
The court directed that the Karkay power plant be stopped from sailing out of Pakistan.Moreover, the chief justice asked why the Bureau was “afraid of initiating proceedings against the responsible parties” when the court had already directed it to do so.
Chief Justice Iftikhar further said that the NAB’s role pertaining to action against the involved parties was negligible, adding that if NAB could not take action, the matter could be handed over to the Federal Investigation Agency (FIA).
He remarked that if the concerned firms failed to make the requisite payments, those payments would have to be made by the Bureau.Subsequently, the bench directed the NAB to submit a statement under oath pertaining to the sailing away of the Karkay power plant out of Pakistan.The bench further ordered NAB to proceed against the parties involved in the scandal and adjourned the hearing to Nov 12.
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