Thursday, November 4, 2010

SC dismisses plea to stem PSM corruption probe

Updated at: 1403 PST, Thursday, November 04, 2010
SC dismisses plea to stem PSM corruption probe ISLAMABAD: Supreme Court (SC) dismissed plea filed here in order to plead the court to stall the investigations into Pakistan Steel Mills (PSM) corruption worth billions of rupees, Geo News reported Thursday.

The Chief Justice of Pakistan Justice Iftikhar Muhammed Chaudhry expressed disapproval when the PSM’s counsel Fakhrud Din G Ibrahim pleaded the court for order to stop the investigations into PSM corruption.

A three-member bench headed by the CJP Chaudhry heard the case regarding the PSM corruption. Also Federal Investigation Agency (FIA) chief Wasim Akhtar was present during the hearing.

FG Ibrahim submitted that the FIA investigations into the Mills corruption is causing loss to the PSM; accordingly, this process should be stanched.

On this, the CJ Chaudhry, expressing dissatisfaction, said the Mills outpaced in corruption beyond Rs26 billion, adding, ‘Should thieves be allowed to work again? The reason behind loss there is that the Mills have no efficient people around.’

The court queried the FIA’s DG as to why no arrests were made as yet in corruption investigations. The Agency official informed the FIA has already changed its three heads and he himself would be moved from the office.

The DG FIA stressed, ‘Our law contains no clause to get the money recovered,’ adding the FIA investigations regarding the PSM’s customer Al-Abbas Group are not correct.

Surprised on this, the CJ addressed him, ‘You discredit your own department’s report, then the entire matter fizzles out.’

The CJ directed him to take action against former DG FIA and send to jail the people involved in sending incorrect report.

The case hearing was adjourned for a month.

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