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LNG scandal: SHC approves 10-day protective bail of Miftah Ismail

LNG scandal: SHC approves 10-day protective bail of Miftah Ismail

KARACHI: Sindh High Court (SHC) approved protective bail of former federal Finance Minister Miftah Ismail in the liquefied petroleum gas (LNG) scandal.

On 9.4.2019, the ex-minister moved the court after receiving the call up from National Accountability Bureau (NAB) for inquiry in the scandal. The court accepted bail plea against surety bond of Rs2,00,000.

The Pakistan Muslim League Nawaz (PML-N) leader pleaded that he should be given two week bail before approaching Islamabad high court (IHC). However the court approved the bail for 10 days.

Earlier, in October 2018, the NAB had reopened investigation into the scandal against former Prime Minister Shahid Khaqan Abbasi, Miftah Ismail and others. The file of the case was closed and it was in the back burner in NAB’s Karachi office.

The anti-corruption watchdog is inquiring into a case registered in 2015 against the ex-PM for awarding a LNG import contract which caused a potential $2 billion loss to the national exchequer.