A zonal board meeting was held in the office of the FIA Sindh director. It was attended by the additional law director, deputy complaint director, acting deputy crime director, FIA Karachi additional director, FIA Hyderabad and investigation officers, said the FIA spokesperson, adding that complaints were discussed in detail.
In 2011, special funds to the tune of Rs100 million to Rs130 million were allegedly sanctioned on the request of Yousuf for the construction of roads, public health and other development schemes in Sindh. The fund were allegedly embezzled as neither were roads constructed nor the other development schemes completed in the area and funds were withdrawn, embezzled through fake bills in connivance with Bajwa and Taimoor.
NAB, FIA probe embezzlement of Rs500 million
The spokesperson said that the board gave approval to initiate another inquiry against Muhammad Imran Mian, the chief executive officer of Genco Holding Company Limited, alTariq Engineering Contractor and others regarding manipulation of void procurement to machine fitting process for thermal power stations in Jamshoro in the power generating machines instead of government approved new equipment, which caused a huge loss to the national exchequer.
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