Abbasi has been arrested in connection with an LNG (liquefied natural gas) scam, a report in Pak media stated. He is accused of swindling over 200 billion Pak Rupees.
According to reports, Abbasi was summoned by the NAB in the LNG case today but he did not appear, The Dawn reported.
He was arrested while on his way to a news conference in the eastern city of Lahore, news agency Reuters reported.
"They said they were from the NAB and took away Shahid Khaqan Abbasi with them," Ahsan Iqbal, a senior PML-N parliamentarian told a television station.
Abbasi served for less than a year following the resignation of former PM Nawaz Sharif in 2017.
Last year, the NAB ordered had an inquiry into both Abbasi and Sharif over a liquefied natural gas terminal project. Sharif is serving a seven-year sentence after being convicted in a separate corruption case.
Former Pakistan Prime Minister Shahid Khaqan Abbasi has been arrested by National Accountability Bureau (NAB): Pakistan Media (File pic) pic.twitter.com/sgLIhTBTV9
Last year in September, bailable arrest warrants were issued by a Pakistan court against Abbasi in a case seeking action against him for disclosing the minutes of a high-profile security meeting to his party leader Nawaz Sharif.
As per reports, Abbasi had chaired a meeting of the National Security Council (NSC) in May last year to discuss an interview of former PM Nawaz Sharif with a correspondent of the Dawn newspaper, and later he shared its details with the media.