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Date Posted: 01:21:03 12/01/13 Sun
Author: Farrukh Qadeer
Subject: Stock Market Businessman key suspect in the Rs82 billion mega corruption scam

According to sources, the NAB has also served fresh notices to four other suspects in the mega scam, including business tycoon Aqeel Karim Dhedhi, ex-chairman SECP Mohammad Ali, former adviser petroleum Dr Asim Hussain and former Managing Director (MD) Sui Southern Gas Company Limited (SSGCL) Dr Faizullah Abbasi. This is the second notice issued to these four persons by the NAB. “If they fail to respond to our third notice, their arrest warrant would be issued as per the NAB regulations,” said an official requesting anonymity. He said these four persons are accused of causing a huge loss to the national exchequer and gaining personal benefits by issuing a UFC notification on 24 September 2010. The NAB investigations have revealed that Ogra had notified an increase in the Unaccounted for Natural Gas (UFG) from 5% to 7% in 2010, benefiting the Sui Southern Gas Company Limited (SSGCL). The investigators believe that business tycoon Dhedhi benefitted from this notification as a major private shareholder of the SSGCL.

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