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The National Accountability Bureau has arrested three top energy tycoons for indulging in corrupt practices.

According to a NAB spokesman, Managing Director Private Power and Infrastructure Board N. A. Zuberi and two former CEOs of Lakhra Power Generation Company Limited, were arrested in connection with illegally awarding a contract to a Turkish company for installation of a Rental Power Project in Karachi.

The estimated loss recoverable from these public office holders is about 128.136m dollars.    

The accused individuals will be produced before an accountability court next week.


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