Senate’s Additional Secretary Syed Mussarat Abbas Shah Naqvi and Senate Secretariat Employees Cooperative Housing Society Islamabad official Muhammad Akram were accused of unlawful utilisation and embezzlement of the society’s funds.
The accused Abbas Shah Naqvi, in connivance with other accused, allegedly cheated public at large in funds of the society and deprived them of millions of rupees.
NAB had received complaint about gross irregularities, which were pointed out in the audit report of the society for year 2010. It was alleged in the complaint that members of the society’s ex-management were responsible for all the irregularities.
The major points raised in audit report were incomplete books of accounts, failure on the part of ex-management and ex-purchase committee to hold its meetings, indulging of society management in litigation cases and committing irregularities in purchase of land.
The said individuals allegedly misused and embezzled funds amounting to around Rs92 million.
Published in The Express Tribune, November 15th, 2014.
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