Ex-director, CEO sent to jail in Saaf Pani scam
An accountability court on Monday sent to jail former director Saaf Pani Company Engineer Qamar-ul-Islam and former CEO Waseem Ajmal accused in Saaf Pani Company scam worth billions on judicial remand.
It has been learnt that the NAB has completed its investigation in the case after which the court sent the accused to jail on judicial remand. The bureau had arrested Qamar-ul-Islam Raja on the charges of forging documents and awarding contracts of 84 water filtration plants at exorbitant rates and causing a huge loss to national kitty. The NAB accused Waseem Ajmal of forging documents and issuing payments without taking approval from board of directors. The accused allegedly being Chief Executive Officer approved payment of Rs24.7 million to the management of Ali and Fatima Developers Private Limited in lieu of office rents for Saaf Pani Company without the requisite approval of BOD despite the fact that the possession has not been taken till date.
-
Cure Flu With Theses Two Golden Foods -
King Charles Delayed Taking Firm Stance Against Andrew But William Pushed Action -
Toronto Blue Jays Roster Faces Setback With Multiple Injury Concerns -
Demi Lovato Leaves Fans Disappointed With Unexpected Announcement -
Pacers Vs Knicks Overtime Thriller Ends In Heartbreak For New York -
Who Owns The Ambassador Bridge? New Report Links Owner Matthew Moroun To Trump’s Threat -
ICE Detention Center Plan Sparks Controversy In Maryland As Lawmakers Push Back -
Blood Pressure Medication Recalled After Wrong Tablets Found In Bottles -
Why Ariana Grande Wants A 'tiny Mouse' To Play Her In Biopic? -
Wind Chill Returns With Brutal Cold As Polar Vortex Stalls Over Canada -
Princess Beatrice, Eugenie ‘do Not Want To Be Seen In Public’ Because Of Dad -
Costco $20 Rule Explained As Employee Pay Climbs Across North America -
Strange Incident Happened At Nancy Guthrie's Home On Abduction's 10th Day -
Tumbler Ridge School Lockdown Underway As RCMP Investigate School Shooting -
Royal Family Knows There Can Be ‘no More Glossing’ Of Andrew Downfall -
Britney Spears Quietly Parts Ways With Her Music Catalog: Report