NAB picks up former Nepra chief over misuse of authority, graft

Updated 11 Jun 2019

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The National Accountability Bureau (NAB), Lahore, has arrested a former director general of the National Electric Power Regulatory Authority (Nepra) on charges of misuse of authority and corrupt practices. — AFP/File
The National Accountability Bureau (NAB), Lahore, has arrested a former director general of the National Electric Power Regulatory Authority (Nepra) on charges of misuse of authority and corrupt practices. — AFP/File

LAHORE: The National Accountability Bureau (NAB), Lahore, has arrested a former director general of the National Electric Power Regulatory Authority (Nepra) on charges of misuse of authority and corrupt practices.

According to NAB, Syed Insaf Ahmed was designated by Nepra for determination of electricity tariff proposed by a power firm in 2007.

It said the suspect had also worked as Nepra director tariff and later as DG tariff during the same period.

The suspect by misuse of his authority and in alleged connivance with the management of the power firm accepted fraudulent financial and technical information on account of various cost factors in order to allow fraudulent and illegal gains on the prices of electricity tariff, it said.

NAB added that the suspect wilfully facilitated the false cost estimates submitted by the power firm.

NAB will produce the suspect before an accountability court to seek his physical remand.

Answering a question, a NAB official said action would also be taken against others involved in the scam.

Published in Dawn, June 11th, 2019