Ogra ex-chief Sadiq handed over to Pakistani consulate

Abu Dhabi: Police in Abu Dhabi handed over former chairman of Oil and Gas Regulatory Authority (Ogra) Tauqeer Sadiq to Pakistani consulate on Wednesday.

Sadiq, who had been on the run from Pakistani authorities in a corruption case, was arrested yesterday.

He\'s accused of corruption of more than Rs80 billion, causing a huge loss to Pakistan’s exchequer.

The Supreme Court of Pakistan ordered last month to arrest the former Ogra chairman.

Sadiq, who is brother in law of the Pakistan People’s Party secretary general Jehangir Badar, was wanted for the last few months yet had successfully escaped to Dubai in early October.

He was appointed Ogra chairman by former prime minister Yusuf Raza Gilani.

According to a NAB investigation, the former chairman Ogra had converted the operating income of two public utilities — the Sui Northern Gas Pipelines and Sui Southern Gas Company — into non-operating income, resulting in Rs38 billion additional burden on consumers and eroding the gas development surcharge.

Source – Thenewstribe