Court acquits former PSM chief in corruption case.
KARACHI -- An accountability court on Saturday acquitted0 former chairman of Pakistan Steel Mills (PSM) Moeen Aftab over lack of evidence in a corruption reference worth Rs490 million, media reported.
Ex-PSM chief Moin Aftab Shaikh along with ex-director (commercial) Sameen Asghar has been accused of misuse of authority which caused Rs0.49 billion loss to the national exchequer.
Accountability court last month had acquitted three accused including the former chairman of Pakistan Steel Mills (PSM) Moeen Aftab over lack of evidence in a corruption reference worth Rs900 million.
PSM ex-chairman Moeen Aftab, director commercial Sameen Asghar and contractor Abdul Rasheed were nominated in the...
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