The inquiry conducted so far reveals sufficient evidence to prove involvement of former chief minister Punjab Shehbaz Sharif "in the commission of offences as defined under section 9(a) and Schedule of the National Accountability Bureau 1999.
It said that Shehbaz, being the chief minister, unlawfully assumed the powers of PLDC board of directors, misused his authority and acted in connivance of then secretary to CM Punjab Fawad Hassan Fawad and others, and illegally got cancelled the contract awarded to M/s Ch. A Latif & Sons for infrastructure development of Ashiana Iqbal Housing Project.
"The said award of contract was declared as lawful and as per PPRA rules by a high power committee so there was no justification to cancel it," the report read.
"However, it was done to give illegal favour to favourite contactor, who had paid illegal gratification for the same."
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