ISLAMABAD: Mirza Shahzad Akbar and Ziaul Mustafa Naseem names on the no-fly list over their alleged involvement in a financial scam, at the request of the National Accountability Bureau (NAB) by Federal Govt.

According to a statement issued after the meeting, the cabinet approved the inclusion of 10 persons on the Exit Control List (ECL), removal of 22 persons from ECL and grant of one-time permission (OTP) to three persons, on the recommendations of the Ministry of Interior.

A senior government official told Dawn the names of Mr Akbar and Mr Naseem, a legal expert in the Asset Recovery Unit of the previous Pakistan Tehreek-i-Insaf (PTI) regime, were placed on the Exit Control List on the recommendation of the NAB.

Both Akbar and Naseem are presently in the UK. As per practice, if a person whose name is placed on ECL is abroad, he is arrested on his return and handed over to the relevant law-enforcement agency.

The UK’s National Crime Agency (NCA) had reportedly frozen the assets of Bahria Town owner Malik Riaz’s family for being “illegal”, and in December 2019 agreed to a settlement worth £190 million with the family.

Interior Minister Rana Sanaullah has, in the past, accused Mr Akbar and PTI chief Imran Khan and his wife Bushra Bibi of accepting Rs5 billion and hundreds of kanals from the housing developer in return for “providing protection” to the real estate firm in the same case during their term.

The minister had said that the housing society had “illegally transferred” Rs50bn to a Pakistani national in the UK. The transfer, he said, was identified by the UK’s NCA, and claimed that Mr Khan had tasked Akbar with resolving the matter, while the Rs50bn which belonged to the national treasury — was adjusted against Bahria Town’s liability of Rs460bn in another case in the Supreme Court.

The minister had also claimed Bahria Town then entered into an agreement and allotted 458 kanals worth Rs530 million to Al-Qadir Trust, owned by Imran and his wife.

On the other hand, Shahzad Akbar said Islamabad was bound in a validly executed legal obligation with the UK’s NCA through an undertaking ensuring data protection and confidentiality of settlement agreement between the two parties, after its due approval by the federal cabinet in December 2019.

In a letter written to the cabinet division secretary on July 30, Akbar referred to a cabinet sub-committee formed on the asset freezing orders and funds repatriation to Pakistan in the case of Bahria Town, and cautioned about breaching the agreement and its legal repercussions.

He said the government being privy to certain details of an agreement and correspondence executed between a private party and the NCA, signed a deed of confidentiality. “… if this sub-committee is in process of breach of any term of this agreement/deed, it will be a breach committed by the contractual party i.e. the government of Pakistan, having its own legal liabilities and consequences.”

He then advised the committee to first seek a legal opinion from the attorney general. He also said he was ready to reply to the NAB’s queries online from the Pakistan High Commission in the UK.