KARACHI: Sindh High Court (SHC) on Friday turned down the bail petition of former managing director of the Sindh Tourism Development Corporation (STDC) Roshan Ali Kanasro and other accused in a case pertaining to alleged corruption. The SHC also summoned the complete record of the reference from the National Accountability Bureau (NAB).
NAB reference stated that the STDC had invited tenders for the award of contracts to private contractors for the purchase of furniture, repair of vehicles, event management, and printing/publication, etc. It said that tenders were published in dummy newspapers on July 31, 2017, and most of the participating companies were fake and had been formed only to get these tenders.
It further mentioned that the record showed that an advertisement appeared on Aug 31, 2017, in less-known daily newspapers regarding the award of the contracts/tenders to five firms. However, NAB claimed that the amount awarded for the tenders was largely embezzled, adding that apparently the jobs/work had been distributed among the bidding companies through a ring by the chairman of the tender committee.
Copyright Business Recorder, 2020
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