The National Accountability Bureau (NAB) arrested another person connected to the ongoing probe into the liquefied natural gas (LNG) case on Wednesday. According to sources, the accountability watch dog’s Karachi team arrested Iqbal Zaid Ahmed, a businessman from Kashmir Road.
Ahmed was arrested for his involvement in the LNG case, sources said, adding, the businessman would be shifted to Lahore from Karachi where the investigation would be conducted. Earlier, former prime minister Shahid Khaqan Abbasi and former finance minister Miftah Ismail were arrested for their involvement in the case.
In June 2014, the Oil and Gas Regulatory Authority (Ogra), a government agency which comes under the jurisdiction of Petroleum Division of which Abbasi was minister back then, had issued a license to Elengy Terminal Pakistan Limited (ETPL) – a subsidiary of Engro Corp – to construct a terminal at Port Qasim for landing and re-gasification of LNG.
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27 September, 2019