RAWALPINDI: Two retired generals have been dismissed from service in a corruption case of Rs1.83 billion, Aaj News reported.
The two retired generals were convicted by the military courts for incurring a loss of Rs1.83 billion in the National Logistic Cells. Their benefits, such as pension and health insurance have been snatched from them.
Maj Gen (retired) Khalid Zahir Akhter and Lt Gen (retired) Muhammad Afzal Muzaffar have been punished under the Pakistan Army Act. Retired Major General Akhter has been ‘Dismissed from Service’, which implies forfeiture of rank, decorations, medals, honors, awards, seizure of pension, recovery of personal gains, cancellation of service benefits and all other allied facilities including medical etc, said an ISPR statement.
Lt Gen (retired) Muhammad Muzaffar has been awarded ‘Severe Displeasure (Recordable)’ which in essence is a disciplinary award due to an offence of lesser degree which means violation of procedures but no personal gains, the statement said.
One civilian officer Saeed ur Rehman including the retired generals were responsible for making ‘incorrect decisions of investments in violation to NLC rules and regulations thereby causing losses to the organization during this period’.
In Feb 2009 Public Accounts Committee observed violations in implementation of Board of Directors’ Instructions and rules and regulations with regards to investment made by National Logistic Cell (NLC) that allegedly caused financial losses to the organization.
NLC invested Rs4.3 billion in the stock market without full adherence to rules and regulations. Eventually, losses reached Rs1.83 billion. Several other irregularities were also found in the internal affairs of the NLC.
The Secretary Planning & Development Division constituted an inquiry committee. Although, the committee did not accuse any individual for embezzlement or misappropriation, however, it highlighted financial irregularities, lack of transparency and failure to observe rules and regulations caused by reckless decisions of chain of command of NLC.
By November 2010, Army commenced a Court of Inquiry that was followed by recording of Summary of Evidence in September 2011. However, decision remained pending as some additional documentary evidences were provided by the retired General Officers, which needed scrutiny and time to establish their veracity.
According to the press release issued by ISPR, COAS General Raheel Sharif instructed to solve the case on immediate bases for justice and transparency to prevail. Hence, the case was re-investigated by a committee of high ranking officers.
Whereas, Lt Gen (retired) Khalid Munir Khan has not been found involved in any financial irregularity or serious misconduct and therefore stands absolved from all charges.