NAB Arrests Two Officials For The Reko Diq Fiasco After 30 Years - Android

The National Accountability Bureau (NAB) has filed a corruption reference against 26 government officials in Balochistan for corruption in the… Read More

The post NAB Arrests Two Officials For The Reko Diq Fiasco After 30 Years appeared first on .

The National Accountability Bureau (NAB) has filed a corruption reference against 26 government officials in Balochistan for corruption in the Reko Diq project. The reference levels charges against the abuse of power, violation of rules, and using billions of rupees from the national kitty for personal gains.

The NAB reference states that the Balochistan Development Authority (BDA) granted illegal benefits to an Austrian firm and amended mining rules to strengthen the agreement.

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According to the anti-graft watchdog, BDA officials signed sub-agreements and established a sister company called Tethyan Copper Company (TCC) with help from the parent firm. NAB says that serious financial irregularities also were found in the allotment of land and other matters.

Meanwhile, NAB Rawalpindi has arrested two of the main accused in the case. The officials Shair Khan and Muhammad Farooq have confessed to taking financial benefits.

The records and statements of the witnesses revealed that the TCC operatives lured government employees to grant them the mining contract against monetary benefits.

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The scandal that was initiated in the late 90s has finally come under the radar. Sources say that the anti-corruption watchdog scrutinized the 30-year-old record and investigated overseas suspects pertaining to the case.

An accountability court in Quetta has served notices to the accused persons.

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