Pakistan News Service

Saturday Jun 6, 2020, Shawwal 14, 1441 Hijri
Pakistan News Home -> Top -> News Details

NAB arrested former DG NEPRA

11 June, 2019

  Related News  
Imran Khan distributed loan cheques under Kamyab Jawan Programme
PTI govt to face all challenges coming its way: Imran khan
  More on this View All

The National Accountability Bureau (NAB) has arrested former directorate general of the National Electric Power Regulatory Authority (NEPRA) Insaf Ahmad on Monday in the alleged mega-corruption case of Rs300 billion payment to Pakistan’s Independent Power Producers (IPPs). Insaf Ahmaed allegedly made a loss of Rs8 billion to the national exchequer by transferring extra money to IPPs over the year. Nishat Chunian Power Limited (NCPL) power plant was installed in 2010 having 200 megawatts. According to NAB, billions of rupees were illegally transferred to the specific company over the years which had a direct impact on the domestic economic conditions and the electricity prices of the country.

According to NAB, former DG NEPRA will be presented before the accountability court to seek his physical remand. Important disclosures and further arrests are expected to be made of the co-accused in the reference while investigating Syed Insaf Ahmed, NAB added.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Military Courts
Imran - Qadri long march
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
Pakistan itself a victim of state-sponsored terrorism: Qamar Bajwa
Should You Try Napping During the Workday?
Suggested Sites