Rashid Mahmood
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Communication Ministry recovers over Rs1.32bn embezzled by previous govts
Abdul Qadir On Oct 8, 2019 Last Updated Oct 8, 2019
ISLAMABAD: The ongoing process of accountability and transparency under the leadership of Prime Minister Imran Khan is bearing fruits, as looted money is being recovered from ministries.
As per details, the Federal Ministry of Communication made its second-biggest recovery by audits and inquiry of various previous contracts.
The ministry retrieved over Rs 1.32 billion and submitted the amount into the national exchequer.
From Okara Bypass project, the advance payment of Rs 200 million was recovered by the ministry. The additional money worth Rs 242 million given to the contractor for a project in Panjgur was also retaken.
Similarly, Rs 69 million embezzled in Rajanpur and DG Khan Indus Highway was also redeemed. The ministry also reclaimed Rs 122 million from Islamabad-Muzzafarabad Dual Carriageway, which was paid in violation of PC-1 (Planning Commission).
In July, the Ministry of Communications had recovered another Rs 4500 million by conducting the audit of various projects of the ministry.
A total amount of Rs 8 billion was redeemed by the ministry during the last year.
It must be noted that on the directives of Minister for Communications Murad Saeed, a campaign had been launched for recovery of looted money of the ministry in several contracts.
Abdul Qadir On Oct 8, 2019 Last Updated Oct 8, 2019
ISLAMABAD: The ongoing process of accountability and transparency under the leadership of Prime Minister Imran Khan is bearing fruits, as looted money is being recovered from ministries.
As per details, the Federal Ministry of Communication made its second-biggest recovery by audits and inquiry of various previous contracts.
The ministry retrieved over Rs 1.32 billion and submitted the amount into the national exchequer.
From Okara Bypass project, the advance payment of Rs 200 million was recovered by the ministry. The additional money worth Rs 242 million given to the contractor for a project in Panjgur was also retaken.
Similarly, Rs 69 million embezzled in Rajanpur and DG Khan Indus Highway was also redeemed. The ministry also reclaimed Rs 122 million from Islamabad-Muzzafarabad Dual Carriageway, which was paid in violation of PC-1 (Planning Commission).
In July, the Ministry of Communications had recovered another Rs 4500 million by conducting the audit of various projects of the ministry.
A total amount of Rs 8 billion was redeemed by the ministry during the last year.
It must be noted that on the directives of Minister for Communications Murad Saeed, a campaign had been launched for recovery of looted money of the ministry in several contracts.