NAB recovers Rs2.12b through plea-bargain in fake bank accounts case

[WebGuru]

ISLAMABAD - National Accountability Bureau has recovered Rs2.12 billion through plea bargain in case of fake bank accounts regarding extending illegal favour to M/S Technomen Kinetic (Pvt) Ltd, and others in project of Sindh Nooriabad Power Company and Sindh Transmission and Dispatch Company (STDC) and Misappropriation of funds.

According to details, accused Asif Mahmood and Accused Arif Ali, Directors Technomen Kinetics (Pvt) Ltd, Sindh Nooriabad Power Company (Pvt) Ltd, Sindh Nooriabad Power Company (Pvt) Ltd Phase-II in connivance with government officials and others were proved to be involved in collusive bidding, exorbitant rates, corruption and corrupt practices in power generation projects of Sindh.

During investigation both accused submitted plea bargain application of Rs2.12 billion to NAB authorities, which will be submitted to Accountability Court for final approval by the investigation team comprising Younis and Hammad Kamal.


Source: https://nation.com.pk/31-Jul-2019/nab-recovers-rs2-12b-through-plea-bargain

 

[WebGuru]

So small fishes are giving back this much i wonder how much we can recover from Zardari and Nawaz Sharif

 

[szundercover]

So small fishes are giving back this much i wonder how much we can recover from Zardari and Nawaz Sharif

Probably more than 50 billion dollars I think.

 

[Hitman]

Probably more than 50 billion dollars I think.

You believe they have that much money? Don’t think even Mukesh Ambani is worth that much.

 

[WebGuru]

Probably more than 50 billion dollars I think.

You believe they have that much money? Don’t think even Mukesh Ambani is worth that much.

IMHO Zardari-Bhutto family and Sharif family are worth around $5 to $6 billion each

Malik Riaz a property tycoon close to Zardari and Sharifs made a bargain with SC for 460 billion rupees that's around 3 billion dollars

 

[tahir_dj]

Wow very good
Its time to recover all the looted wealth


My cousin in Pakistan in Mirpur A.K been billed 2 lakh rupees for the undeclared properties and he is happy to pay because he said this will legitimize the things. And there are alot of big fishes in Mirpur are also willing to pay

 

[szundercover]

Wow very good
Its time to recover all the looted wealth


My cousin in Pakistan in Mirpur A.K been billed 2 lakh rupees for the undeclared properties and he is happy to pay because he said this will legitimize the things. And there are alot of big fishes in Mirpur are also willing to pay

Happy to know concrete steps are being taken by this government.Credit should be given where it is due.

 

[last_knight]

So small fishes are giving back this much i wonder how much we can recover from Zardari and Nawaz Sharif

Told you many days ago that Zardari has agreed to negotiate the sum of money he has to return back.

 

[szundercover]

You believe they have that much money? Don’t think even Mukesh Ambani is worth that much.

Former finance minister ishaq dar on the floor of national assembly proclaimed that more than 50 billion dollars are stacked aborad in swiss banks.

 

[szundercover]

Told you many days ago that Zardari has agreed to negotiate the sum of money he has to return back.

How much money is he Willing to give?

 

[last_knight]

How much money is he Willing to give?

Still under negotiation.
Govt has to play wisely because if AAZ is negotiating, it means there are many undiscovered properties and AAZ wants to safeguard them. Govt should stretch it to 4-5 months and meanwhile continuing to uncover further properties.