The reference alleged that one LNG company had received benefits of over Rs21 billion because of the contract. The reference claimed that the national exchequer would suffer a Rs47bn loss by 2029 if the contract in question continued. Abbasi has termed these charges “defective”.
In the previous hearing, the court reserved its verdict on the acquittal pleas of Abbasi and others named in the case after the NAB prosecutor said that since the amendment to the National Accountability Ordinance (NAO) had ousted the jurisdiction of NAB from such matters, the court could issue an appropriate order.
He had, however, opposed the acquittal request.
During the hearing, the court issued non-bailable arrest warrants for Abbasi and co-accused Uzma Adil for failing to appear before the court and not seeking an exemption for attendance. It also instructed the counsels of the accused to present their arguments at the next proceedings and adjourned the hearing till March 14.
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