PAC seeks report on corruption charges against ex-generals

ISLAMABAD - For the first time in the country’s democratic history, the Public Accounts Committee (PAC) of the National Assembly has directed the defence ministry and the GHQ to submit a report on corruption charges against three retired generals.



By Our Correspondent

Published: Wed 29 Jun 2011, 12:44 AM

Last updated: Mon 6 Apr 2015, 10:44 PM

The generals were allegedly involved in misadventures in the stock exchange which caused a loss of about Rs2 billion to the National Logistics Cell (NLC).

A meeting of the PAC held here also took notice of the killing by Rangers personnel of an unarmed youth in Karachi and officials of the interior ministry informed the committee that activities of Rangers were being monitored.

The meeting, presided over by Chaudhry Nisar Ali Khan of the PML-N, asked the defence ministry to submit the report on NLC scam to the PAC Secretariat by June 30.

Saeed Zafar, a member of the PAC, said the committee had been waiting for the past seven months, but the GHQ was to submit its report on the scam to the committee.

The NLC is a subsidiary of the Planning Commission but has traditionally been dominated by the army. It is being headed by a serving major general and various army officers are working as his subordinates. According to an audit report, the NLC management had obtained illegal and unauthorised loans of Rs4.3 billion between 2004 and 2008 for investment in the volatile stock market and suffered a loss of Rs1.84.

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