Tag: accused

PEC accused of issuing ‘illegal’ licenses to foreign firms

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Pakistan Engineering Council (PEC) administration is accused by seven senior members of their governing body. The allegations against administration were that they are issuing a license to foreign firms for execution of construction and operation projects worth billions of rupees without joint ventures (JVs) with Pakistani companies. This action is causing acute damage to economy […]…Read More

Accused in olive tree scam yet to be punished

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article image ISLAMABAD: The people involved in the olive tree scam, which was unearthed earlier this year, have yet to be penalised, though the evidence clearly indicates misappropriation in the project that is worth Rs2.44 billion. The project was part of the Public Sector Development Programme (PSDP) aimed at promoting olive cultivation across the country to reduce the hefty edible oil import bill. The National Agriculture Research Council (NARC) in November last year awarded a tender to a…Read More

PSF bosses accused of putting SciTech culture in danger

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STAFF REPORT ISB: At a time when the government of Pakistan is rigorously taking initiatives to promote the culture of science and technology in the country at all levels, the bosses of Pakistan Science Foundation (PSF) are allegedly denting this vision and mission by taking non-professional or immature decisions - making of its Media Cell virtually redundant as one of them. The Media Cell is a statutory entity of the PSF, which was proposed in 2006 and was duly sanctioned in 2009 by the…Read More

Urea plants accused of grabbing subsidy benefits

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article image STAFF REPORT LHR: The Ministry of Industries has accused the local urea manufacturers of increasing prices by 86 per cent against a 37 per cent hike in gas price, besides reaping benefits of a subsidy of Rs 77 billion over the past four years. This was the crux of a meeting of the National Assembly’s Standing Committee on Industries, which met with Dr Abdul Wahid Soomro in the chair."The government extended Rs 77 billion as subsidy to local urea manufacturers in the past four years, but…Read More

PTA accused of delaying 3G licences auction

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article image STAFF REPORT IBD: The federal government has estimated to generate up to one billion dollars through 3G Licences auction, but Pakistan Telecommunication Authority (PTA) is delaying the auction as no new date has so far been finalised for the auction, Secretary Information Technology Farooq Awan told the Public Accounts Committee (PAC) of the National Assembly last week.The meeting, chaired Nadeem Afzal Gondal, reviewed the audit accounts of telecommunication sector for 2004-05 and 2006-07.The…Read More