LAHORE, Mar 18 (APP):The National Accountability Bureau (NAB) Lahore on Monday filed another corruption reference against Fawad Hassan Fawad, former principal secretary to prime minister, for accumulating assets beyond his known sources of income.
According to a NAB spokesman, accused Fawad Hassan Fawad was arrested by NAB Lahore on July 5, 2018 in the Ashiyana-i-Iqbal scam and later his arrest was converted into assets beyond known sources of income case on August 3, 2018. During the course of remand of the accused, numerous revelations were made owing to the assets belonging to his and other family members.
During the inquiry proceedings, all known sources of income of the accused have been probed which include salaries, business income etc amounting to Rs 25.48 million (approx) till 2018 while, NAB Lahore has filed the reference alleging Rs 1089 million which is still unaccounted by the accused person. As per the details of assets owned by accused Fawad Hassan Fawad that involved a 5 kanal commercial plot situated at Haider Road, Saddar valuing Rs 500 million (approx), at present. Moreover, shares in 15 stories commercial plaza at Saddar, Rawalpindi wherein Rs 3850 million were incurred on the acquisition of land and construction of the same by him and other share holders.
Keeping in view, NAB Lahore Regional Board converted ongoing “inquiry” against accused Fawad Hassan Fawad into “investigations” on October 12, 2018 whereby after completing the investigations, a reference was sent to NAB Headquarters for approval from Chairman NAB Justice Javed Iqbal and his Executive Board. The Executive Board under supervision of Chairman NAB approved for filing of reference against accused Fawad Hassan Fawad on March 15, 2019 which has been submitted
before an Accountability Court, Lahore by NAB Lahore.