Categories

Most Viewed

Heads roll over motorway funds scam


HYDERABAD:

Heads began to roll after complaints of corruption surfaced in the funds released for the construction of Sukkur-Hyderabad Motorway (M-6) in district Matiari.

After unearthing a mega corruption of Rs2.14 billion in the land acquisition for M6 Sukkur- Hyderabad Motorway, the Sindh Anti-Corruption Establishment (ACE) has arrested deputy commissioner Matiari district Adnan Rashid.

The Anti-Corruption court on Wednesday evening granted three-day physical remand of Rashid in whose account the National Highway Authority had transferred Rs4.0926 billion for the purpose of buying land for construction of the motorway.

The ACE, however, could not arrest assistant commissioner New Saeedabad taluka, Mansoor Abbassi, who was appointed as the land acquisition officer, and an official of the Sindh Bank.

The team rounded up a staff of the DC’s office while also seizing the material evidence and documents.

The Sindh Chief Secretary Sohail Rajput formed an inquiry committee on November 13 headed by additional finance secretary Shahmeer Bhutto and chairman Sindh Public Service Commission Nazeer Ahmed Qureshi.

The inquiry was started after the chief secretary Sohail Rajput received reports about misappropriation of Rs1.82 billion from the NHA’s funds which had increased from Rs4.09 billion to Rs4.63 billion over a period of time due to interest payments.

The inquiry committee found out that a sum of Rs2.14 billion was released in a bogus way through 438 cheques.

In the light…

Read more…

    Leave Your Comment

    Your email address will not be published.*

    Fraudsters News