In view of that order, Pakistan cannot sell the assets managed by offshore companies registered in this small overseas territory of the United Kingdom. Former chief justice of Pakistan Iftikhar Chaudhary’s judgment in the Reko Diq case was the first in the previous government’s tenure. Dr Samar had claimed that the Reko Diq gold mines would fetch the country around $2.5 billion annually. He had also maintained that Reko Diq and other gold reserves in the country will bring in $131 billion to the national exchequer. However, NAB on November 5 announced to file a reference against 26 people over abuse of authority in the Reko Diq project.

Source: The Express Tribune December 24, 2020 10:10 UTC