NewzShewz
No Result
View All Result
Monday, May 25, 2026
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Energy

PESCO CEO seeks NAB Chairman’s intervention in inquiry naming him

by NewzShewz Desk
August 31, 2025
in Energy
0
NAB’s Prevention Committee puts NEPRA, NTDC, DISCOs, and GENCOs under scrutiny
349
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD : Chief Executive Officer (CEO), Peshawar Electric Supply Company (PESCO), Akhtar Hamid Khan has sought Chairman National Accountability Bureau’s (NAB) intervention over any inquiry initiated against him for a period during which he was not serving as  CEO of the Company.

” I have recently been informed of the authorization of an inquiry by NAB (KP), pertaining to alleged corruption and corrupt practices through manipulation of the tendering process in PESCO. The inquiry names me, along with the Project Director (GSC), Executive Engineer (TSW), Manager Procurement (PMU), Tikka Khan (a private individual), and others, under Section 18(c) of the National Accountability Ordinance, 1999,” CEO PESCO said in his letter to Chairman NAB.

    CEO PESCO is of the view that the fully supports and appreciate NAB’s relentless efforts  to eradicate corruption-a menace that undermines society’s fabric. However, he has highlighted that the period referenced in this inquiry does not pertain to his tenure or involvement.

 ” It is a matter of deep concern that, contrary to established practices, my name has been directly included in the inquiry authorization at this preliminary stage, without any preliminary evidence or establishment of my role. As I understand from precedents and procedural norms, inquiries at this juncture typically reference the department or its officers and officials in general terms, allowing for a fair and impartial process to unfold. Specific naming occurs only once a role is substantiated during investigation. This direct attribution, based solely on unverified allegations, has not only cast an unwarranted shadow over my professional reputation but has also subjected me to undue media trials, harsh judgments from colleagues, and emotional distress within my family circle. Such premature naming risks tarnishing the hard-earned legacy of honest service, even before any facts are ascertained,” CEO PESCO added.

  Khan said that he was not requesting the discontinuation of the inquiry, as he firmly believes in accountability and the rule of law. Instead, he implores Chairman NAB as a beacon of justice and reform, to substitute his name in the inquiry authorization with “officers and officials of PESCO and others,” aligning with standard practices observed in similar cases involving previous officers of PESCO. This compassionate adjustment would preserve the dignity of the process while allowing the inquiry to proceed unhindered.

” I assure full and unwavering cooperation at every stage; I have already provided all relevant records and stand ready to furnish any further information or appear as required. Should any incriminating evidence emerge against me, I willingly submit to the full force of the law, trusting in the fairness of our institutions, ” he continued.

 Ends

Related Posts

Hi-Octane Price Surge Reshapes SUV Economics as PHEVs, REEVs Emerge as Practical Alternative in Pakistan
Energy

Smuggled diesel flooding market, undermining refineries and revenue

by NewzShewz Desk
May 20, 2026
0

ISLAMABAD: The country’s refineries have urged the Oil and Gas Regulatory Authority (OGRA) to take immediate steps to curb the...

Read more
PC seeks update on implementation of prior actions for DISCOs under privatisation program
Energy

Finally, PC invites EOIs for privatisation of three DISCOs

by NewzShewz Desk
May 19, 2026
0

ISLAMABAD: The Privatisation Commission (PC) has invited Expressions of Interest (EOIs) from prospective investors for the privatisation of three major...

Read more
  • Trending
  • Comments
  • Latest
Dasu Transmission Line Controversy Continues

OSD DMD refutes incompetence label , highlights NTDC leadership flaws, WB project issues, corruption, and contractor influence”

June 12, 2025
Investigations into IPPs Undermine Investor Confidence

KE Board…. thank you. We are leaving the meeting

November 13, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
Zargham Eshaq Khan steps down as MD NESPAK

Zargham Eshaq Khan steps down as MD NESPAK

November 1, 2025
Enhanced Rationalization in the Categorization of SOEs

Enhanced Rationalization in the Categorization of SOEs

0
PPIB to extend TLoS of ZSPL

PPIB to extend TLoS of ZSPL

0
CCP Fines Diamond Paint Industries PKR 5 million

CCP Fines Diamond Paint Industries PKR 5 million

0
Steering Committee on Discos

Steering Committee on Discos

0
Aurangzeb, IMF team discuss budget 2026 – 27,reforms

IMF Staff concludes visit to Pakistan

May 21, 2026
Hi-Octane Price Surge Reshapes SUV Economics as PHEVs, REEVs Emerge as Practical Alternative in Pakistan

Smuggled diesel flooding market, undermining refineries and revenue

May 20, 2026
PC seeks update on implementation of prior actions for DISCOs under privatisation program

Finally, PC invites EOIs for privatisation of three DISCOs

May 19, 2026
Riali-II to get extension of 18 months in financial closing date

Hydel generation surpasses 6000 MW :WAPDA

May 18, 2026
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.