Sharif's interim PM nominee facing Rs 220 bn graft inquiry

The ruling PML-N party's interim prime minister nominee Shahid Khaqan Abbasi is facing a Rs 220 billion corruption inquiry by Pakistan's National Accountability Bureau (NAB) over an LNG contract, according to a media report

Shahid Khaqan Abbasi. Pic/AFP

The ruling PML-N party's interim prime minister nominee Shahid Khaqan Abbasi is facing a Rs 220 billion corruption inquiry by Pakistan's National Accountability Bureau (NAB) over an LNG contract, according to a media report.

Abbasi, the former minister for petroleum and natural resources, is the principal accused in a NAB case registered in 2015 over the award of a LNG import contract, Dawn News reported.

While the bureau registered the case on July 29, 2015, it is still in the inquiry stage. The case was registered on the complaint of Shahid Sattar, an energy expert and former member of the Planning Commission and the SSGC board of directors, along with others, accusing Abbasi of misusing his authority and causing a potential $2 billion loss to the national exchequer in 15 years.

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