Miftah Ismail - Latest News Update, Information, Photos & Videos on Miftah Ismail at Lokmat Times

The National Accountability Bureau (NAB) on Tuesday filed a reference against 10 people, including former prime minister Shahid Khaqan Abbasi and former finance minister Miftah Ismail in connection with the Liquefied Natural Gas (LNG) import contract case.The anti-graft watchdog submitted the reference in an accountability court in Islamabad. The reference alleged that one firm received benefits of more than Rs 21 billion between March 2015 to September 2019, The Dawn reported.The reference also stated that the national exchequer will suffer a loss of Rs 47 billion by 2029 due to the contract.Former Pakistan State Oil (PSO) managing director Sheikh Imranul Haq, former Ogra chairman Saeed Ahmed Khan, Ogra chairperson Uzma Adil Khan, chairman of the Engro group Hussain Dawood, former chairman of Port Qasim Authority (PQA) Agha Jan Akhtar, former member of Ogra Aamir Naseem and former PSO Managing Director Shahid M Islam and Abdul Sammad have been named in the reference.Abbasi was arrested by the NAB on July 18 in connection with the case, in which he and others are accused of illegally awarding LNG terminal contracts for a period of 15 years to a company of their liking in violation of defined rules, incurring losses to the state exchequer.While Abbasi and Ismail have been in prison for over four months, Haq secured pre-arrest bail last week from the Islamabad High Court.In April, the Pakistan government had imposed a travel ban on Abbasi, Ismail and five others in connection with the case.Abbasi served as the prime minister from August 2017 to May 2018, following the disqualification of Nawaz Sharif from office by the Pakistan Supreme Court over the Panama Papers scandal.( With inputs from ANI )

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International :NAB files reference against ex-PM Abbasi, others in LNG import scam

The National Accountability Bureau (NAB) on Tuesday filed a reference against 10 people, including former prime minister Shahid Khaqan Abbasi and former finance minister Miftah Ismail in connection with the Liquefied Natural Gas (LNG) import contract ...