{"id":490287,"date":"2025-07-15T09:17:51","date_gmt":"2025-07-15T04:17:51","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=490287"},"modified":"2025-07-15T09:17:51","modified_gmt":"2025-07-15T04:17:51","slug":"190-million-saga","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/190-million-saga\/","title":{"rendered":"\u00a3190 Million Saga"},"content":{"rendered":"<p>Umme Haniya<\/p>\n<p>Another week, another chapter in Pakistan\u2019s endless saga of alleged high-level corruption. The recent declaration of Mirza Shehzad Akbar, once the firebrand face of accountability, as a proclaimed offender in the sprawling \u00a3190 million scandal is not merely a legal detail; it is a profound indictment of a political system that, much like a poorly written play, seems destined to repeat its most tragic acts. This isn\u2019t just about diverting funds; it is about eroding the very foundations of trust that nations need to stand tall on the global stage.<br \/>\nThe details of the alleged scheme read like a plot ripped straight from a dark political thriller, perhaps a South Asian rendition of House of Cards, where power, not principle, dictates every move. Sources lay bare a \u201cDeed of Confidentiality\u201d signed by Akbar on November 6, 2019, an agreement that ostensibly facilitated the illicit transfer of \u00a3190 million from Bahria Town\u2019s liability account to a Supreme Court registrar\u2019s \u201cnominated account.\u201d Co-accused Zia ul Mustafa Naseem allegedly endorsed this deed, brazenly misrepresenting these funds as belonging to the State of Pakistan. The audacity of allegedly disguising a private liability as state assets, then routing it through the apex court\u2019s registrar, speaks volumes about the contempt for public institutions.<br \/>\nAkbar\u2019s alleged orchestrations, undertaken while he served in a position of immense trust, highlight a calculated abuse of authority. His purported secret UK visits in early 2019, where he met British officials, are said to have laid the groundwork for this clandestine fund repatriation. What kind of accountability czar would deliberately sideline Pakistan\u2019s Federal Board of Revenue, Federal Investigation Agency, and State Bank from such a critical financial process? The answer, tragically, appears rooted in a desire for unchecked control. This deliberate exclusion, sources contend, led to the \u00a3190 million (approximately PKR 50 billion) bypassing the national treasury, allegedly benefiting a private entity rather than the state. Such brazen acts, when committed by those tasked with upholding the law, reverberate far beyond our borders, confirming international perceptions of a nation plagued by internal decay.<br \/>\nThe timing adds a chilling layer of alleged complicity. Akbar reportedly signed the controversial deed before the ARU\u2019s formal notification and prior to a crucial Cabinet meeting. More disturbingly, statements from the former Prime Minister and Azam Khan reportedly confirm a March 2, 2019, meeting where the NCA settlement and fund transfer were explicitly discussed. This paints a picture of a conspiracy hatched at the highest echelons of power. Presenting the agreement to the Cabinet on December 3, 2019, while allegedly concealing his prior, secret signing, suggests a deliberate attempt to manipulate official endorsement. It evokes the chilling betrayal seen in George Orwell\u2019s Animal Farm, where those who seize power promising change quickly become indistinguishable from the oppressors they replaced, twisting facts and manipulating processes for personal gain.<br \/>\nThis scandal, rooted in the NCA\u2019s freezing of funds from politically connected individuals, underscores Pakistan\u2019s enduring struggle with elite capture. It is a stark reminder that while new governments may pledge reform, the ghosts of old practices linger, haunting the halls of power and undermining every effort towards genuine transparency. The implications for Pakistan\u2019s geopolitical standing are profound. Each such revelation chips away at investor confidence, strains international partnerships, and feeds narratives of institutional fragility.<br \/>\nThe declaration of Shehzad Akbar as a proclaimed offender is a necessary step, but it is merely one act in this ongoing drama. True accountability demands more than a singular conviction; it requires dismantling the systemic weaknesses that allow such alleged malfeasance to flourish. Until Pakistan confronts this deeply embedded culture of impunity, we will remain trapped in a cycle of scandal, forever fighting shadows while the real monsters, like those in a recurring nightmare, continue to orchestrate their schemes from behind veiled doors.<\/p>\n<p>The writer is a freelance columnist.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Umme Haniya Another week, another chapter in Pakistan\u2019s endless saga of alleged high-level corruption. The recent declaration of Mirza Shehzad Akbar, once the firebrand face of accountability, as a proclaimed offender in the sprawling \u00a3190 million scandal is not merely a legal detail; it is a profound indictment of a political system that, much like [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[13325],"class_list":{"0":"post-490287","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-article","7":"tag-umme-haniya"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u00a3190 Million Saga<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/190-million-saga\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u00a3190 Million Saga\" \/>\n<meta property=\"og:description\" content=\"Umme Haniya Another week, another chapter in Pakistan\u2019s endless saga of alleged high-level corruption. 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