Biggest plea bargain in NAB's history worth over Rs1.29bn struck

[MenInG]

KARACHI/LAHORE: The biggest plea bargain in the National Accountability Court's (NAB) history — worth over Rs1.29 billion — has been approved by its chairperson, Geo News learnt on Sunday.

According to reports, NAB Chairperson Justice (r) Javed Iqbal signed off a plea bargain petition wherein a suspect who is accused of corruption in the Pakistan State Oil (PSO) and caused Rs23 billion worth of losses to the national exchequer, has agreed to return Rs1,290,000,000 to the treasury.

Kamran Iftikhar Lari, a top official at an oil and gas company and the accused in the Rs-23 billion corruption reference at the PSO, has petitioned to return more than Rs1.29 billion.

NAB informed the court about the plea bargain application, saying Lari wished to return the aforementioned amount and would pay the sum in three instalments.

The accused was an employee of a private company, which had entered into a sale agreement with the PSO. The alleged collusion of the suspects caused a loss of more than Rs 23 billion to the national exchequer.

NAB chairperson has also signed off the plea bargain of the accused and forwarded the matter to the court.



https://www.geo.tv/latest/315052-biggest-plea-bargain-in-nabs-history-worth-over-rs1290000000-struck

 

[Savak]

What about the other Rs 21.71 billion? Is he going to be allowed to keep it?

 

[Bewal Express]

Half of that goes to the budha.

 

[msaaim89]

This is pathetic.

If he can return 1 Billion easily, it just proves he has looted enough.

Need to seize all assets and permanently lock up (if not execute) such loots.

 

[Colorblind Genius]

This kinda hogwash actually encourages more corruption.

The scumbags know that it’s an absolutely great deal to give 5% from the looted money back to govt, and walk free.
Can’t get any better than that. It’s less than paying taxes.

As I said before, the way to get this money back is that after conviction in a fair trial, start with ripping out their finger and toe nails one by one. Then move on to chopping their fingers to limbs to their genitals.

I would rather see them die than paying back 5% and walk away laughing.

 

[Bewal Express]

This kinda hogwash actually encourages more corruption.

The scumbags know that it’s an absolutely great deal to give 5% from the looted money back to govt, and walk free.
Can’t get any better than that. It’s less than paying taxes.

As I said before, the way to get this money back is that after conviction in a fair trial, start with ripping out their finger and toe nails one by one. Then move on to chopping their fingers to limbs to their genitals.

I would rather see them die than paying back 5% and walk away laughing.

Totally agree. NAB is there to protect the crooks not nail them. Jail them for 50 years, and for every billion returned the get 2.5 years off. What a terrible pathetic system.