The National Accountability Bureau (NAB) on Wednesday approved inquiries against former prime ministers Nawaz Sharif and Shahid Khaqan Abbasi, chief ministers Shahbaz Sharif and Qaim Ali Shah, and others in separate cases.

An executive board meeting of the bureau headed by its chairman, retired Justice Javed Iqbal, approved an inquiry against Nawaz and Abbasi for allegedly awarding a 15-year contract for a liquefied natural gas (LNG) terminal against the rules when Abbasi was the petroleum minister in Nawaz's cabinet.

In December 2016, NAB had wrapped up an inquiry conducted for 17 months against Abbasi for his alleged role in awarding a Rs220 billion contract for the import and distribution of LNG in 2013.

The inquiry was stopped despite the fact that it had been proved that the contract had been awarded in a ‘non-transparent manner’.

“After exhaustive discussion it has been decided that it is an ongoing project and any intervention by NAB at this juncture will jeopardise the efforts of provision of LNG from the project of public/national importance. It is, therefore, decided [to close the] inquiry [at] our end,” a document available with Dawn had revealed.

The board on Wednesday also approved an inquiry against the then Sindh Chief Minister Qaim Ali Shah and officials of the provincial culture and tourism department for alleged irregularities in the 2014 Sindh Cultural Festival which caused Rs127 million losses to the national exchequer.

Inquiry against Shahbaz Sharif and others was approved for alleged losses to the national exchequer caused by Chiniot-based Ramzan Sugar Mills.

Several other inquiries against Balochistan provincial ministers, officials of forestry department in Gilgit-Baltistan and others were also approved.

The press release clarified that the bureau was simply initiating investigations against the individuals and that the accused would be heard before any action is taken against them.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Budget presser
Updated 14 Jun, 2026

Budget presser

If the FBR falters, the government will find itself in hot water sooner rather than later.
Muharram precautions
14 Jun, 2026

Muharram precautions

WITH Muharram due to start next week, the authorities have already begun annual exercises to ensure that the ...
Blood bequests
14 Jun, 2026

Blood bequests

WORLD Blood Donor Day offers a moment of “gratitude, advocacy and renewed commitment” for thalassaemia patients...
Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...