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February 26, 2016

Ex-Lt Gen, corps commander accepts guilt,returns Rs200m to NAB

Top Story

February 26, 2016

Former Wapda chairman Gen (retd) Zahid Ali Akbar was facing corruption charges

ISLAMABAD: A former general of the Pakistan Army has returned Rs200 million of misappropriated funds in a plea bargain to the National Accountability Bureau (NAB).

Lt General (retd) Zahid Ali Akbar commanded the Rawalpindi Corps and remained Wapda chairman from 1987 to 1992 as well as serving as the Pakistan Cricket Board chairman. He was accused of corruption and having assets beyond his known sources.

The NAB received his confessional statement and Rs200 million which was deposited in the national treasury. Lt General (retd) Zahid Ali Akbar was arrested through Interpol when he was entering Bosnia from Croatia but due to his citizenship of the United Kingdom he was shifted from Bosnia to Britain.

According to NAB documents, Lt General (retd) Zahid Ali Akbar had 77 bank accounts in which more than Rs200 million were deposited and these bank accounts were in the name of Zahid Ali Akbar, his close relatives and in the name of different companies.

Sources refuted the impression that the NAB was not investigating the cases against retired generals or judges. Zahid Ali Akbar declared himself guilty and if he was in politics, he would be disqualified from contesting any elections for 10 years.

Ninety-one-year-old Lt General (retd) Zahid Ali Akbar,  who had served as a military secretary to president Fazal Elahi Chaudhry, in his letter to the NAB expressed his desire to spend his last days of his life in Pakistan.

The NAB has no objection to his return to Pakistan as he has deposited the money in the national exchequer under the plea bargain. The NAB has also informed the Accountability Court about the desire of Lt General (retd) Zahid Ali Akbar to return to the country and requested the removal of his name from the Exit Control List (ECL). Now the Accountability Court has to take a final decision of removing his name from the ECL.



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