NAB Returns JJVL Reference to NAB Head Office for Disposal

Staff Report

The National Accountability Bureau (NAB) has returned the JJVL Reference against Dr. Asim Hussain & Others to the NAB Head Office for disposal.

Bail needed is only if NAB refers the matter to any court or any other matter. Otherwise, the reference is finished.

The Accountability Court IV, Karachi, through its Order of Feb 15, 2024, has returned the Reference filed against Dr. Asim Hussain and 9 others, including Mr. Iqbal Z. Ahmed, to the NAB Head Office through NAB Karachi due to the lack of NAB’s jurisdiction in the matter.JJVL’s closure becomes a blessing for LPG Importers who pocket billions

The Court has observed that in the above reference, there is no allegation that the applicants/accused intentionally misused their authority by disregarding the law to gain any monetary benefit or favor for himself or any other person related to him or on his behalf.

It said that there is neither any allegation of having done the act not in good faith nor is there any allegation of gaining any monetary benefit; as such, the applicants/accused do not fall within the ambit of misuse of authority as defined by law and as enunciated under the amendments.

“There is no allegation against the accused that they did not act in good faith or that they gained any monetary benefit or asset” the order said.

The Accountability Court observed that none of the accused have violated any provision of law, nor has any monetary benefit been gained by any accused.

The Court further observed that given NAB Amendments, as none of the accused are in public service, the NAB Court had no jurisdiction in the matter.

The Court has returned the Reference to the NAB Head Office for disposal according to law.”