Finally!

Daily Times, August 1, 2006
NAB files case against Gen Zahid Akbar
By Zulfiqar Ghuman

ISLAMABAD: The National Accountability Bureau on Monday filed a corruption reference against Lt General (r) Zahid Ali Akbar, former chairman of the Water and Power Development Authority (WAPDA) and the Pakistan Cricket Board (PCB), in an accountability court in Lahore on Monday.

Gen Akbar is among 14 military personnel working in civil departments against whom NAB started corruption investigations in 2003. He also served as the corps commander of Rawalpindi during the military government of Gen Ziaul Haq.

Gen Akbar is accused of corruption as WAPDA chairman and PCB chairman from 1987 to 1992, says a press release issued by NAB headquarters. The NAB investigation found that Gen Akbar has assets worth Rs 176 million in his name and in the names of his dependants. These include 77 bank accounts in rupees and US dollars in Pakistan in his name and in the name of his relatives and business concerns. He made outward foreign remittances of $706,200 (Rs 32.4 million at the rate of Rs 46 per dollar) from 1993 to 1998, says the press release.

NAB said his assets were disproportionate to his known means of income and he could not reasonably account for these assets.

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