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Pervaiz Ashraf acquitted in Rental power reference

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ISLAMABAD: An Accountability Court on Thursday acquitted former prime minister Raja Pervez Ashraf in the Rental Power Plant reference.

AC-I Judge Mohammad Bashir announced the judgment which was reserved on last hearing after concluding arguments from both sides.

The court stated that NAB could not prove any corruption charges against Pervaiz Ashraf. Other people named in the case, including Shaukat Tareen, former Pesco MD Basharat Cheema and Shahid Rafique had also been acquitted from the same case.

A reference against Ashraf was filed in December 2019 after Rana Amjad, the manager of the Sahiwal-Multan project, turned approver in the case.

Ashraf was accused of misusing authority during his tenure as the minister for water and power to obtain approval from the Economic Coordination Committee and the federal cabinet for an increase in the down payment to rental power companies from 7% to 14%, amounting to about Rs22 billion.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.