ISLAMABAD, June 2: The People's Party Parliamentarians (PPP) has lodged a complaint with the National Accountability Bureau (NAB) against Prime Minister Mir Zafarullah Khan Jamali , Finance Minister Shaukat Aziz and State Bank Governor Dr Ishrat Hussain asking for investigations and filing of a reference for their involvement in a huge sleaze in the purchase of dollars from the open market.

The complaint filed on Wednesday said in continuation with the policy of buying dollars from the open market by the deposed Nawaz Sharif government, the present government purchased billions of dollars from the open market from changers and middle men at rates much higher than the prevailing open market rates.

According to reports almost $10 billion have been purchased during the last four years by the military regime and the State Bank was said to have paid between Rs2 to 3 per dollar over and above the prevailing inter-bank rates, the complaint said.

A serious case of abuse of power resulting into massive loss of over Rs6.2 billion ($109 million) in the sale and purchase of dollars from the kerb market has been detected by the Auditor General of Pakistan during routine examination of the State Bank accounts, the complaint said.

The Auditor General of Pakistan brought the matter into the notice of Gen Pervez Musharraf but no action was taken, it further said. The PPP called upon the NAB chairman to "initiate investigation and file a reference against the respondents for violating the provisions of Section 9 of the Ordinance punishable under Section 10 of the Ordinance".

Opinion

Editorial

Taxing pensions
Updated 11 May, 2024

Taxing pensions

Tax reforms have failed to deliver because of distortions created by the FBR bureaucracy through SROs, apparently for personal gains.
Orwellian slide
11 May, 2024

Orwellian slide

IN recent years, Pakistan has made several attempts at introducing an overarching mechanism through which to check...
Terror against girls
11 May, 2024

Terror against girls

ONCE again, the ogre of terrorism is seeking the sacrifice of schoolgirls. On Wednesday, just days after the...
Enrolment drive
Updated 10 May, 2024

Enrolment drive

The authorities should implement targeted interventions to bring out-of-school children, especially girls, into the educational system.
Gwadar outrage
10 May, 2024

Gwadar outrage

JUST two days after the president, while on a visit to Balochistan, discussed the need for a political dialogue to...
Save the witness
10 May, 2024

Save the witness

THE old affliction of failed enforcement has rendered another law lifeless. Enacted over a decade ago, the Sindh...