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Saturday, July 2, 2011

Public Accounts Committee orders initiation of action against 3 former generals in NLC scam

Public Accounts Committee (PAC) has ordered for taking action against 3 former generals and a bureaucrat for causing loss of Rs 1.82 billion to national kitty due to their alleged involvement in NLC scam.

PAC in its meeting on June, 25 had reviewed audit objections in respect of National Logistic Cell.
Committee also reviewed the matter about the investment made by NLC authorities in stock exchange against NLC investment policy and directives of Prime Minister.
Audit report of Auditor General of Pakistan and Hamid Hassan report were also reviewed by PAC on April, 10, 2011. The committee accepted recommendations laid down in Hamid Hassan report. Secretary planning directed defence secretary to initiate action against Lt Gen (Retd) Khalid Munir, Lt Gen (Retd) Muhammad Afzal Muzaffar, Maj Gen (Rtd) Khalid Zahir Akhtar for violating rules and regulations and inflicting loss of billion of rupees to national exchequer.
Secretary cabinet division has also been directed to take action against Saeed ur Rehman former chief finance officer of NLC.
Secretary also issued directives that all the reports which had been filed by chairman NAB under NAB ordinance against these officers be also made part of the investigation. Online