ISLAMABAD: Minister for Communications and Postal services Murad Saeed on Thursday stated he might gift 10 years’ report of the countrywide highway Authority (NHA) to the fee of Inquiry (CoI) these days announced via top Minister Imran Khan to envision how Rs24,000 billion in overseas loans had been utilised in those years.

“My ministry can be the primary one to offer earlier than the commission the report of corruption, kickbacks and commission and misuse of overseas loans by way of two successive governments of PML-N and the PPP from the NHA,” the minister informed a press conference.

“we will tell the commission how overseas loans had been acquired, which of the blue-eyed creation companies benefited and the way the money of kickbacks and commission was transferred to fake financial institution bills,” he introduced.


Mr Saeed claimed that over Rs50 billion became embezzled only in a single undertaking — the Multan-Sukkur Motor-manner (M-eight) — and the case had already been despatched to the national Accounta­bility Bureau (NAB).

He stated that a Memo-randum of information (MoU) for production of M-8 have been signed in 2013 with a foreign company and bids for the project had been known as in 2015.

Mr Saeed claimed that he had conducted an internal audit inside the NHA and after that he were given to understand that the preliminary price of the M-eight task changed into Rs242bn but it turned into revised upward to Rs300bn.

The minister claimed that leaders of Pakistan Muslim League-Nawaz had obtained heavy kickbacks and commissions inside the mega avenue initiatives allegedly thru their the front man Javed Sadiq.

posted in , June 14th, 2019