AGL 39.75 Decreased By ▼ -0.25 (-0.63%)
AIRLINK 131.90 Increased By ▲ 2.84 (2.2%)
BOP 6.82 Increased By ▲ 0.07 (1.04%)
CNERGY 4.72 Increased By ▲ 0.23 (5.12%)
DCL 8.50 Decreased By ▼ -0.05 (-0.58%)
DFML 41.41 Increased By ▲ 0.59 (1.45%)
DGKC 82.20 Increased By ▲ 1.24 (1.53%)
FCCL 33.04 Increased By ▲ 0.27 (0.82%)
FFBL 72.65 Decreased By ▼ -1.78 (-2.39%)
FFL 12.32 Increased By ▲ 0.58 (4.94%)
HUBC 110.75 Increased By ▲ 1.17 (1.07%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.20 Decreased By ▼ -0.11 (-2.07%)
KOSM 7.60 Decreased By ▼ -0.12 (-1.55%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.02 Increased By ▲ 0.51 (0.8%)
OGDC 193.00 Decreased By ▼ -1.69 (-0.87%)
PAEL 25.80 Increased By ▲ 0.09 (0.35%)
PIBTL 7.38 Decreased By ▼ -0.01 (-0.14%)
PPL 154.60 Decreased By ▼ -0.85 (-0.55%)
PRL 25.81 Increased By ▲ 0.02 (0.08%)
PTC 17.80 Increased By ▲ 0.30 (1.71%)
SEARL 81.99 Increased By ▲ 3.34 (4.25%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.38 Decreased By ▼ -0.35 (-1.04%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.71 Increased By ▲ 0.44 (2.7%)
TRG 57.21 Decreased By ▼ -1.01 (-1.73%)
UNITY 27.59 Increased By ▲ 0.10 (0.36%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,507 Increased By 61.9 (0.59%)
BR30 31,262 Increased By 72.9 (0.23%)
KSE100 98,142 Increased By 343.8 (0.35%)
KSE30 30,563 Increased By 82.4 (0.27%)

The Punjab-based Pakistan Tehreek-e-Insaf has released a 'fact-sheet' about an additional cost of one billion dollars on three different parts of the China-Pakistan Economic Corridor, terming it "the biggest corruption scandal in the history of Pakistan". Party Organiser Chaudhary Mohammad Sarwar issuing the 'fact sheet' at his office on Thursday claimed no one could expect any good from the incumbent rulers.
He demanded parliament constitute a committee to provide oversight on financial matters associated with the mega project. Basing his claim on media reports, he said the 392-kilometre Multan-Sukkur section of the Lahore-Karachi Motorway cost was finalised at Rs 315 billion, but now this cost had been increased by Rs 56 billion in a dubious manner.
"And although the 120-kilometre Havelian-Thakot road project was finalised at Rs 95 billion, it has now increased by Rs 46 billion while the cost of allied infrastructure in the Mullah Band area of Gwadar rose thrice from Rs 835 millions to Rs 2.2 billion," he claimed. He said the cost of three projects rose by 23 percent and the cost escalation was not approved by the Executive Committee of the National Economic Council, "but a draft was sent to its chairman who then had it approved during a public holiday." He also said his party would continue to raise its voice against corruption and expose the corrupt in the country.

Copyright Business Recorder, 2015

Comments

Comments are closed.