Accountability Court (AC), Islamabad, Judge Muhammad Bashir yesterday awarded seven years imprisonment to former Director General (DG) Finance Pakistan Telecommunication Authority (PTA) Imran Ahmad Zubairi for embezzlement of Rs. 80.175 million.
The case was first referenced by NAB back in 2010, which is now concluded with imprisonment sentence.
Court also imposed a fine of Rs. 70 million on Mr. Zubairi.
As per sources in PTA, Mr. Zubairi transferred payments collected from telecom operators – under the head of license fee and other regulatory payments — to his own accounts under various names, causing millions of rupees loss to the national exchequer.
A departmental inquiry committee, comprising the then member finance and others, had declared Zubairi guilty. Later the PTA formally requested NAB to initiate corruption reference against him, and NAB approved corruption reference and submitted in the court.
Earlier the court had issued arrest warrants of Zubairi but he then escaped to the US. Zubairi was arrested in March 2011 by the NAB with the help of Interpol and his name was then put on the Exit Control List.