Home South Asia Pakistan NAB uncovers Khursheed Shah’s assets worth Rs500 billion

NAB uncovers Khursheed Shah’s assets worth Rs500 billion

The media reports said that the accountability watchdog has acquired important documents that show assets of the PPP leader allegedly registered in the names of his frontmen. “Shah has opened as many as 105 banks accounts on his and his family members’ names in Karachi, Sukkur and other cities”, the media quoted NAB sources as saying.

NAB

News Desk |

In a startling revelation, several media outlets claimed on Wednesday that the National Accountability Bureau (NAB) has acquired information about Pakistan Peoples Party (PPP) leader Khursheed Shah’s assets worth more than Rs500 billion.

In the news aired by ARY News, Public News and Such News, it is claimed that the anti-graft body has detected the assets belonging to the PPP’s senior leader Khursheed Shah.

The media reports said that the accountability watchdog has acquired important documents that show assets of the PPP leader allegedly registered in the names of his frontmen. “Shah has opened as many as 105 banks accounts on his and his family members’ names in Karachi, Sukkur and other cities”, the media quoted NAB sources as saying.

The house and a bombproof car, being used by the PPP leader, are also registered under his name. Last week, NAB had given approval for inquiry against Shah.

While referring to the documents, the media reports said that the properties were made in Sukkur, Rohri, and Karachi, adding that Glamour Bungalow, Junejo Flour Mills, Mukesh Flour Mills, and 83 other properties were made under Shah’s frontman, Pehlaj Rai.

In addition, they said 11 properties were registered under another frontman, Lado Mal; and 10 properties under the name of Hussain Soomro, also a frontman of the PPP leader.

According to the documents available with the NAB, they added, a person named Umar Jan also played a vital role for Shah. The house and a bombproof car, being used by the PPP leader, are also registered under his name. Last week NAB approved an inquiry against Shah.

Read more: Naya Pakistan: How much money has NAB recovered?

Don’t Own an Acre of Government Land, Khursheed Shah

On August 3, SAMAA reported that Shah said he was ready to quit politics if anyone proves that he has occupied even an acre of government land.

“I don’t own an acre of government land,” he said while talking to media on Saturday. “In my three terms as a minister, no corruption has been proven in my ministries,” he said.

Shah, a politician and a lawyer has been a member of the National Assembly of Pakistan since August 2018. Previously, he served as a member of the National Assembly between 1990 and May 2018.

Read more: Khursheed Shah accuses PML-N of weakening Pakistan

He tweeted news paper images carrying his statement that those filing references against him should be ashamed of themselves.

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