Tuesday, October 20, 2020

Pakistan former prime minister Shahid Khaqan Abbasi held in graft probe


A former Pakistani prime minister was been arrested on suspicion of corruption, in a continuing graft purge that the opposition says is driven by political victimisation.

Shahid Khaqan Abbasi was arrested by the national anti-corruption body in a case related to a natural gas contract.

His detention on the way to a press conference in Lahore means two former prime ministers and a president are now behind bars.

Imran Khan, Pakistan’s prime minister, came to power last year after a long-running populist campaign to clean up the country’s corruption-riddled politics and to recover billions stolen by the political elite.

- Advertisement -

Transparency international ranks Pakistan 117 out of 180 in a tally of how corruption-free countries are viewed.

Read MorePakistan ex-President Asif Ali Zardari arrested in separate corruption case

Yet Pakistan also has a history of politically motivated corruption purges, some of them used by the powerful military to undermine civilian rivals.

A copy of the arrest warrant shared by Mr Abbasi’s PML-N party, indicated he was accused of “corruption and corrupt practices”.

- Advertisement -

Last year the National Accountability Bureau (NAB) ordered an inquiry into his involvement in a liquefied natural gas terminal project. Authorities are investigating claims that Abbasi was involved in awarding a contract to a firm in which he was a shareholder.

He denies any wrongdoing.

Mr Abbasi served as prime minister for less than a year after his predecessor, Nawaz Sharif, was ousted from power by corruption allegations.

Read MorePakistan: NAB to file supplementary reference against Zardari in money laundering case

Shehbaz Sharif, president of the PML-N said: “We strongly protest Shahid Khaqan Abbasi’s arrest. The institution of NAB has become Imran Khan’s puppet. Our spirits cannot be wavered by such cheap tactics.”

Nawaz Sharif, is also in prison, after he was handed a seven year sentence last year for failing to account for his overseas assets.

Asif Ali Zardari, a former president, was arrested in June in a multi-million dollar money laundering case.

The widower of assassinated former prime minister Benazir Bhutto was held after a bail extension was rejected in a case alleging millions of pounds have been spirited out of the country.


Ex-managers of Security firm pleads guilty in Santa Clara County concealed gun permit bribery scandal

Two former managers of a Silicon Valley international security firm pleaded guilty Monday to charges related to a bribery scheme to obtain concealed firearms...

Ohio former House Speaker Larry Householder to stand for reelection amid bribery charges

Republican Rep. Larry Householder’s name will be on the ballot Election Day as the disgraced Ohio lawmaker intends to serve his district for another...

Billionaire Robert Smith to Pay $140 million after admitting to tax evasion

Billionaire Robert Smith will pay about $140 million and acknowledge wrongdoing to end a four-year U.S. tax investigation involving assets held in offshore tax...

Mexico’s ex-army chief arrested in US on charges of drug trafficking, money laundering

Former Mexican Defense Secretary Gen. Salvador Cienfuegos, who led the country’s armed forces for six years under then-President Enrique Peña Nieto, has been arrested...

Texas billionaire Robert Brockman charged in $2 billion tax evasion case

Robert Brockman, the Houston billionaire and CEO of a software company, has been charged with taking $2 billion through a scheme to evade taxes,...

Latest News

This Week

Romania money laundering prevention agency chief resigns over fraudulent diplomas

Laurenţiu Baranga resigned from his job as head of the Office for Money Laundering Prevention as prosecutors opened an investigation concerning his diplomas. He...

Swiss authorities return $37m seized from executives of South American soccer confederation in corruption probe

Swiss authorities said Wednesday they are returning about $37 million in seized funds to South American soccer confederation CONMEBOL. The money is linked to a...

US arrests members of international money laundering group QQAAZZ

The US Department of Justice has unsealed charges against 14 members of an international money laundering group known as QQAAZZ. US authorities said the group...

Former Mississippi city clerk pleads guilty to money laundering

A former administrator for a Mississippi city has pleaded guilty to money laundering and making false statements on a federal tax return, federal authorities...

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks