LAHORE, Oct 30: The NAB on Wednesday filed a Rs71.86 million wilful default reference against chairman of defunct National Industrial Cooperative Finance Corporation (NICFC) Chaudhry Abdul Majeed and co-accused Azizul Haq Qureshi.

The court fixed November 13 for handing over the reference copies to the accused.

According to the reference, accused Aziz Qureshi got loan from NICFC from 1982 to 1984. According to the NAB, loan was obtained in flagrant violation of rules by the accused with the abetment of Chaudhry Majeed.

On November 6, 1991, when the cooperatives institution collapsed, the total amount due against Aziz stood at Rs20.36 million. After adding mark-up at the rate of 20 per cent per annum, total liability of the accused on June 30, 2002, has been calculated to the tune of Rs71.86 million.

Aziz Qureshi is at present under treatment at the Punjab Institute of Cardiology and court on Tuesday had rejected the NAB’s application for shifting him back to the Chamba House.

Chaudhry Majeed has already been sentenced to 17 years’ rigorous imprisonment and fined Rs565 million in four corruption references decided by an accountability court in July.