Pakistan

NICL scandal: NAB chairperson gets clean chit, resumes duties

The scandal involves purchase of real estate on inflated rates.

Web Desk December 26, 2013 Less than a minute read

File photo of NAB Chairman Chaudhry Qamar Zaman. PHOTO: AFP

ISLAMABAD: Qamar Zaman Chaudhry resumed his duties as chairperson of the National Accountability Bureau (NAB) on Thursday, after he was cleared of involvement in the National Insurance Company Limited (NICL) scandal, Express News reported.

The NICL scandal involves purchase of real estate on inflated rates.

On November 22, the Supreme Court had declared him a key suspect in the scandal, accusing him of being involved in the illegal appointment of Ayyaz Khan Niazi as NICL chairperson.

Zaman went on leave after the verdict because he wanted the probe against him to be "free of any influence."

NAB then conducted an investigation into the scam and declared that Zaman had no hand in the illegal NICL appointment.

The list of suspects in the NICL case comprises the sitting Economic Affairs Division Secretary Nargis Sethi, Federal Tax Ombudsman Abdur Rauf Chaudhry and former prime minister’s principal secretary Khushnood Lashari. The list also includes Pakistan Peoples Party leader and former commerce minister Makhdoom Amin Fahim.