CEO of waste management company arrested by NAB

Lahore: The Chief Executive Officer (CEO) of the Ms/Ali Traders Waste Management Company, Muhammad Naseer, was arrested by the National Accountability Bureau in Lahore on Thursday.

The arrest comes at the tail-end of a nearly three year long investigation that began in March 2018, when NAB had initiated inquiry proceedings against CEO/Directors of M/s Ali Traders Waste Management Company, Kasur and others. Corruption references were filed in June 2020.

Naseer, the main accused in the corruption case, installed an incinerator having capacity to incinerate highly toxic 100-150 kg/hr waste after acquiring approval from the Environment Protection Agency (EPA). However, allegedly, the capacity was later fraudulently increased up to 400-450 kg/hr.

The waste management company involved in the case would collect toxic waste from the government and private hospitals to dispose of it professionally. However, a statement from NAB said that they collected the hazardous waste in capacities far beyond what they were both able and allowed to collect for incineration.

“The company gained the maximum incineration charges on a per kg basis from different clients. Naseer and others used to dump the hazardous waste and submit bogus quarterly compliance report with EPA,” read the statement.

 

Monitoring Desk
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