A special court on Thursday acquitted seven accused, involved in a petrol scam that had hit the country in the first half of 2020, citing lack of evidence.
The court acquitted former chairperson Oil and Gas Regulatory Authority (OGRA) Uzma Adil Khan, former OGRA Member Oil Abdullah Ahmad Malik, former OGRA Chairman Saeed Ahmad Khan, former OGRA Member Gas Amir Nasim, Askar Oil Services directors Sohail Nasim, Shakeel Nasim and M Shahzad Anjum while allowing their acquittal applications.
Special Court (Central) Duty Judge Abdul Sattar Langah conducted proceedings on acquittal applications, filed by the accused and announced the verdict after hearing detailed arguments of the parties.
The FIA had filed challan against the accused and alleged that they were involved in billion of rupees fraud, committed through price fluctuation and hoarding of petroleum products, also creating an artificial shortage in market. The agency also accused the owners of oil marketing companies of laundering the money, accumulated through fraud in prices.
