NAB clears Shahid Khaqan Abbasi, others in LNG reference
The National Accountability Bureau (NAB) has cleared former Prime Minister Shahid Khaqan Abbasi in the Liquified Natural Gas (LNG) reference on Tuesday. The court declared all other suspects innocent in the same reference.
Abbasi was arrested by NAB in 2019 for allegedly causing a loss of 21 billion rupees to the national exchequer me
The NAB inquiry revealed that M/S Engro was awarded the LNG terminal at Karachi Port and contracts for LNG regasification by Sui Southern Gas Company Limited (SSGCL) through non-transparent practices. Both Abbasi and former Prime Minister Nawaz Sharif faced accusations of misusing their powers in awarding these LNG contracts.
Despite inquiries and accusations, Abbasi has maintained his innocence, stating that there were no irregularities in the LNG contract and stating the necessity of LNG exports in 2013.