Abb Takk News

Sh Rasheed Unveiled Details of LNG Corruption Scandal

Islamabad (October 11, 2017):President of Awami Muslim League Sheikh Rasheed on Wednesday alleged that Prime Minister Shahid Khaqan Abbasi is involved in corruption of nearly Rs 200 billion.

Addressing press conference in Islamabad, Sheikh Rasheed told the details of the corruption done in LNG accord and alleged that Prime Minister Shahid Khaqan considered no one could get the details of the LNG agreement, however he exposed what he said a mega corruption in the accord.

Mr Abbasi, the former minister for petroleum and natural resources, is a principal accused in a NAB case registered in 2015 regarding award of a liquefied natural gas (LNG) import contract.Other suspects include former petroleum secretary Abid Saeed, Inter State Gas Systems (ISGS) managing director Mobin Saulut, private firm Engro’s chief executive officer Emranul Haq and the Sui Southern Gas Company’s (SSGC) ex-MD Zuhair Ahmed Siddiqui.

“LNG was the agreement of 200 billion rupees and Khaqan Abbasi, the then petroleum minister, is the integral part of the agreement,” he said adding that supreme court should take notice of the mega corruption case.

“If the Hudaibya is the mother of corruption than LNG corruption scandal is the grand-mother of it,” he claimed.

He accused that Nawaz Sharif was given agenda of Libya and Syria as they also made misappropriation in China Pakistan Economic Corridor (CPEC) and put the country in economic crisis.

“The World Bank and IMF have the agenda zero corruption, therefore they refused to accept Ishaq Dar and there is no other option left for PM to appoint new finance minister,” he said.

Rasheed also claimed the International Monetary Fund (IMF) and World Bank refused to accept Ishaq Dar as a credible finance minister.

“These people are involved in embezzling billions of taxpayers money,” Rasheed lashed out at the ruling Pakistan Muslim League – Nawaz (PML-N).

Earlier in the day, Rasheed said that he would test the newly-appointed National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal with a case worth Rs200 billion.

Rasheed said he would reveal the details of the LNG agreement with Qatar soon.

“I will reveal details of the 15-year-old copies of the contract with Qatar,” he said, adding that he had to visit three countries to obtain the necessary documents of the case.

Speaking regarding the cases against the Sharif family, Rasheed said that the establishment is backing former prime minister Nawaz Sharif.

He said that if Maryam Nawaz is not the beneficiary of the London flats, then the documents regarding Hasan and Hussain Nawaz’s ownership should be produced.

“The British attorney had certified that Maryam Nawaz is a beneficiary,” he said.

It is pertinent to mention that Rasheed submitted last month a reference against Prime Minister Shahid Khaqan Abbasi to the Election Commission of Pakistan.

According to media reports, Abbasi, who was former minister for petroleum and natural resources, faced a 17-month long inquiry under the NAB in relation to the corruption of Rs220 billion during 2013.

At the beginning of this month, the NAB cleared the former petroleum minister of any involvement in the case.

Abbasi was elected as the country’s premier in August following Nawaz Sharif’s disqualification.

According to NAB documents, the contract for the LNG import and distribution was awarded to the Elengy Terminal, a subsidiary of Engro, in 2013 in violation of the Public Procurement Regulatory Authority (PPRA) rules and relevant laws.

The bureau registered the case on July 29, 2015 but it is still in the inquiry stage, contrary to NAB Chairman Qamar Zaman Chaudhry’s claim that he has introduced a new strategy under which the process of complaint verification, inquiry, investigation and filing of reference took 10 months.

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