Lahore: Railways GM’s remand extended in scrap case
LAHORE: An accountability court on Saturday extended 14–day physical remand of Railways General Manager (GM) Saeed Akhtar to NAB Punjab. Saeed Akhtar is accused of selling scarp at throwaway rates which caused an enormous loss to Pakistan Railways. On Saturday, NAB authorities produced him before the court and sought extension in his physical remand to carry out further investigation. On this, the court extended physical remand of the accused by April 28, directing the NAB to produce interim reference against him as soon as possible.
The NAB had arrested Saeed Akhtar on his alleged involvement in sale of scrap worth millions of rupees at less prices and purchase of items for 69 locomotives. Previously, the counsel for the accused had claimed that his client was innocent, adding that the contract of railway scarp was announced by the ministry of railway and his client had nothing to do with this case. While the NAB was of the view that no effort was made to sell the scarp on market rates but a bulk of scrap was sold on cheep rates.