NAB freezes assets of Khaqan, Miftah

By Shakeel Ahmed

ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday froze the moveable and immovable assets of former prime minister Shahid Khaqan Abbasi and former finance minister Miftah Ismail in the Liquefied Natural Gas (LNG) import contract case.
According to details, both Pakistan Muslim League-Nawaz (PML-N) leaders have been barred from transferring ownership of vehicles and property. The anti-graft watchdog has also stopped the transfer of ownership of already sold vehicles of Abbasi. The bureau had filed the reference in December 2019, saying one company received benefits of over Rs21 billion between March 2015 and September 2019. The reference stated that the national exchequer will suffer a loss of Rs47bn by 2029 because of the contract.