Senate Body Calls for NAB, FIA Probe into Dasu Project Irregularities

The Senate Standing Committee on Economic Affairs has urged investigations by NAB and FIA into alleged Rs1.282 billion irregularities in the 765kV Dasu-Islamabad Transmission Line Project, including a Rs600 million loss from conductor procurement. The committee also raised concerns over delays in power projects, transparency in defunct plant auctions, and discrepancies in flood assistance projects, recommending further probes. Such reports of governance issues and financial mismanagement can weigh on investor sentiment regarding Pakistan's economic stability and the long-term outlook for the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com