AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 213.91 Increased By ▲ 3.53 (1.68%)
BOP 9.42 Decreased By ▼ -0.06 (-0.63%)
CNERGY 6.29 Decreased By ▼ -0.19 (-2.93%)
DCL 8.77 Decreased By ▼ -0.19 (-2.12%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.12 Decreased By ▼ -2.80 (-2.89%)
FCCL 35.19 Decreased By ▼ -1.21 (-3.32%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.39 Increased By ▲ 1.44 (9.63%)
HUBC 126.90 Decreased By ▼ -3.79 (-2.9%)
HUMNL 13.37 Increased By ▲ 0.08 (0.6%)
KEL 5.31 Decreased By ▼ -0.19 (-3.45%)
KOSM 6.94 Increased By ▲ 0.01 (0.14%)
MLCF 42.98 Decreased By ▼ -1.80 (-4.02%)
NBP 58.85 Decreased By ▼ -0.22 (-0.37%)
OGDC 219.42 Decreased By ▼ -10.71 (-4.65%)
PAEL 39.16 Decreased By ▼ -0.13 (-0.33%)
PIBTL 8.18 Decreased By ▼ -0.13 (-1.56%)
PPL 191.66 Decreased By ▼ -8.69 (-4.34%)
PRL 37.92 Decreased By ▼ -0.96 (-2.47%)
PTC 26.34 Decreased By ▼ -0.54 (-2.01%)
SEARL 104.00 Increased By ▲ 0.37 (0.36%)
TELE 8.39 Decreased By ▼ -0.06 (-0.71%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.88 Decreased By ▼ -0.64 (-4.73%)
TREET 25.34 Increased By ▲ 0.33 (1.32%)
TRG 70.45 Increased By ▲ 6.33 (9.87%)
UNITY 33.39 Decreased By ▼ -1.13 (-3.27%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,881 Decreased By -216 (-1.79%)
BR30 36,807 Decreased By -908.3 (-2.41%)
KSE100 110,423 Decreased By -1991.5 (-1.77%)
KSE30 34,778 Decreased By -730.1 (-2.06%)

ISLAMABAD: A panel headed by Prime Minister Advisor on Institutional Reforms and Austerity (IRA) Dr. Ishrat Hussain has recommended withdrawal of FIR against a firm which allegedly failed to provide services to CDA as per agreement, well-informed sources told Business Recorder.

Sharing details, the sources said, Institutional Reforms Cell (Cabinet Division), Prime Minister's Office Islamabad, has forwarded a report on litigation between the Ministry of Information Technology and Telecom and LMKR stating that the Advisor to the Prime Minister on IRA has desired that the Ministry of Information Technology and Telecom may prepare a summary on this issue and submit it to the ECC.

The matter was raised by a member of ECC in its meeting held on January 29, 2002. The Chairman of ECC/Finance Advisor constituted a sub-committee under the chairmanship of Advisor ICR to look into the matter for an amicable solution of the legal conflict between MoIT&T and LMKR/LMKT.

The following was the composition of the committee; (i) Advisor (IRC)- Chairman; (ii) SAPM on Petroleum-Member; (iii) Federal Secretary (MoIT&T) - Member (Secretary); (iv) Chairman CDA-Member and; (v) CEO NITB-Member.

The sub-committee held meetings which Director General, FIA and his representative also attended and stated that only one FIR was registered which relates to the CDA project. He further stated that they would act on the instruction from the government. The committee's report will be submitted to the ECC on Wednesday.

The sources said, settlement agreement signed between the CEO, NITB, Member (Finance), CDA, proprietor of LMKT (private) Limited and LMKR Pakistan (Private) Limited) requires that e-office latest version will be delivered in two weeks after issuance of directions of withdrawal of case to the Ministry and FIA whereas rest of 5-modules will be delivered as per addendum to the master agreement under e-office project.

Clause-4 of the settlement agreement provides that the remaining work of CDA project will be completed for which NITB will have to activate PSDP project titled "as- Service at CDA" and ensure availability of requisite funds. This will require instructions of the government to the Ministry of Planning, Development and Special Initiatives.

In view of the available details, the matter will be placed for the consideration of ECC in view of the agreement; (i) to seek approval from the cabinet to direct MoIT&T and FIA for withdrawal of complaint/FIR against LMKR, Atif Rais Khan as well as withdrawal of all inquiries by FIA on project of LMKR and LMKR subject to the fulfillment of agreement clauses, and both actions will be taken, simultaneously" and; (ii) to direct Ministry of Planning, Development and Special Initiatives to activate the project on the request of NITB and provide requisite funds to complete the work.

Copyright Business Recorder, 2020

Comments

Comments are closed.