NAB Karachi recommends registering reference against Hafeez Shaikh
National Accountability Bureau (NAB) Karachi on Monday recommended the NAB headquarters to register references against former finance minister Abdul Hafeez Shaikh, former Chairman Federal Board of Revenue (FBR) Abdullah Yousuf, and others in a case related to alleged abuse of power.
Shaikh and Yousuf are accused of causing a loss of $11.125 million to the national kitty while being in power, reports ARY News.
The decision to recommend reference against Abdul Hafeez Shaikh and Abdullah Yousuf was taken in a regional board meeting of NAB Sindh. It was recommended that the registration of the two corruption references and the transformation of two complaints into inquiries.
Shaikh is facing alleged corruption charges in a case pertaining to illegal payment of US$10 million from the national exchequer during his previous tenure as the finance minister.
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