Inactive Instrument

Liquefied Natural Gas Limited Australian S.E.

Equities

LNG

AU000000LNG0

Liquefied Natural Gas : IGP Islamabad orders additional security to approvers in LNG case

December 21, 2019 at 03:25 am EST

The Islamabad police chief has granted approval to the request of the National Accountability Bureau (NAB) for additional security measures for two suspects who turned approvers in Liquefied Natural Gas (LNG) scam case, media reported.

Inspector General Police (IGP) Islamabad issued orders for ensuring security arrangements for the two approvers over the request of the anti-corruption watchdog.

Earlier on Thursday, it emerged that the National Accountability Bureau (NAB) had sought security from the higher authorities for its approvers in Liquefied Natural Gas (LNG) scam case as they received threats before testifying in the court.

The anti-corruption watchdog wrote letters to Interior Ministry, Inspector General (IG) Islamabad police, chief secretary and Inspector General Sindh police for providing security to two suspects after they turned approvers in LNG scam case.

The letter read that additional security arrangement should be made for former managing-director of Sui Southern Gas Company (SSGC) Zuhair Siddiqui and Inter-State Gas Systems (ISGS) MD Mubeen Saulat.

It is said that the two persons are key witnesses in the case after they turned approvers after the formal permission of NAB chairman Justice Retd Javed Iqbal. The approvers sought additional security arrangements following threats, the letter said.

It is pertinent to mention here that the anti-graft watchdog will produce an overall 59 witnesses in the court where the petitioner Sheikh Rasheed will be the first witness in the case.

On December 12, the National Accountability Bureau (NAB) had filed the Liquefied Natural Gas (LNG) reference again after addressing objections raised by the accountability court.

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Liquefied Natural Gas Limited is engaged in the business of developing liquefied natural gas (LNG) export terminal projects in the United States, Canada and Australia. The Company's segments are LNG Infrastructure, and Technology and Licensing. The LNG Infrastructure segment focuses on identification and progression of opportunities for the development of LNG projects. The LNG Infrastructure segment includes project development activities, construction activities, and production and sale of LNG via offtake arrangements with external parties. The LNG Infrastructure segment includes the aggregation of the Magnolia LNG project, Bear Head LNG project and Fisherman's Landing LNG project. The Technology and Licensing segment is involved in the development of LNG technology, through research and development activities. The Company's subsidiaries include LNG International Pty Ltd, Gas Link Global Limited, LNG Management services Pty Ltd and LNG Technology Pty Ltd.

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