NAB to scrutinize the Roosevelt issue

An inquiry over the issue of the closing of the Roosevelt hotel is going to hold. Justice Retired Javed Iqbal, the Chairman of the National Accountability Bureau (NAB) has noticed the ongoing issue and is soon going to inquire about it.

The accountability watchdog will also point out officials who allegedly showed "carelessness in performing their national duties" and failed to play a role in making the hotel into a profitable entity.https://t.co/E1iX4t6fED

— Dawn.com (@dawn_com) October 13, 2020

Previously, the official announcement from the Roosevelt hotel, a Pakistani property towering in the heart of Manhatten, was made that the hotel is going to get closed permanently.

Chairman National Accountability Bureau (#NAB) Justice (retd) Javed Iqbal has taken the notice of #roosevelthotel issue ordering an inquiry into the matter.#Pakistan https://t.co/04chjrFbEm

— Business Recorder (@brecordernews) October 13, 2020

On Monday, Ghulam Sarwar Khan, the Aviation Minister remarked that it was not intended by the Pakistani government to sell the Roosevelt hotel.

NAB Chairman takes notice of Roosevelt Hotel Closure in New York. NAB Rawalpindi team to probe the losses worth millions of dollars to this hotel & fix the responsibility.

— Zahid Gishkori (@ZahidGishkori) October 13, 2020

The hotel announced its permanent closure from October 31 on its website citing ‘current economic impacts’.https://t.co/Q9TIFKmrTA

— The Express Tribune (@etribune) October 13, 2020

However, finally, Chairman NAB has taken matters into his hands. Moreover, the chairman NAB has passed directions to the Director-General of the Bureau Rawalpindi for running an investigation on the shutting down of the archetypical Roosevelt Hotel.