NAB approves probe into Musharraf's disproportionate assets, misuse of authority

ISLAMABAD: The National Accountability Bureau today approved a probe into former president Pervez Musharraf's for amassing assets beyond means and misuse of authority.

In February, the Islamabad High Court (IHC) allowed an investigation against the former president. A two-member IHC bench comprising Justice Athar Minallah and Justice Miangul Hassan Aurangzeb issued the directive over the petition filed by Lt Col Inaam Rahim. Rahim had consulted the court to seek an investigation into the alleged corruption of the former president.

Probe into alleged corruption by Moonis Elahi

The anti-graft watchdog also approved a probe into Pakistan Muslim League-Quaid (PML-Q) leader Chaudhry Moonis Elahi's corruption and an offshore company, as his name had appeared in the Panama Papers, according to a notification issued earlier today. 

Elahi had appeared before NAB earlier this year along with all his financial records. He had remained at the NAB headquarters for around an hour. 

Offshore companies: PML-Q leader Moonis Elahi appears before NAB

Elahi had earlier appeared before NAB Lahore on January 30

Recently, NAB initiated inquiries against politicians whose names had appeared in the Panama Papers after the Supreme Court, in November last year, sent notices to it and the federal government seeking progress reports on action taken against Pakistanis named in the Panama Papers.

Speaking to the press after his appearance before the NAB, Elahi said that he has answered all the questions on offshore companies.

“I am a politician, I have declared all my assets,” he said. “I will continue to appear before institutions whenever summoned. I have nothing to hide.”