Excess payments to LNG suppliers
Top Story
By Khalid Mustafa
ISLAMABAD: The multi-million dollars scam on excess payments to LNG suppliers has been put on way to its logical end as former managing director of Pakistan LNG Limited (PLL) Adnan Gilani and its Chief Financial Officer (CFO) Nadeem Nazir, currently made OSDs (official on special duty), have been declared guilty and held responsible for excess payments amounting to US$27.526 million in the head of port charges.
Both the top officials of PLL that deals with import of LNG, have also been declared guilty of gross willful negligence and failure to protect the interests of the 100 percent government-owned company. So much so, Adnan Gilani and Nadeem Nazir have also been found guilty of giving preferential treatment to Singapore based Gunvor and Italian company ENI viz-a-viz other LNG suppliers. The relevant investigation agencies such as NAB and FIA have been recommended to initiate proceedings to ens
Top Story
April 5, 2021
ISLAMABAD: The multi-million dollars scam on excess payments to LNG suppliers has been put on way to its logical end as former managing director of Pakistan LNG Limited (PLL) Adnan Gilani and its Chief Financial Officer (CFO) Nadeem Nazir, currently made OSDs (official on special duty), have been declared guilty and held responsible for excess payments amounting to US$27.526 million in the head of port charges.
Both the top officials of PLL that deals with import of LNG, have also been declared guilty of gross willful negligence and failure to protect the interests of the 100 percent government-owned company. So much so, Adnan Gilani and Nadeem Nazir have also been found guilty of giving preferential treatment to Singapore based Gunvor and Italian company ENI viz-a-viz other LNG suppliers. The relevant investigation agencies such as NAB and FIA have been recommended to initiate proceedings to ensure the appropriate action against both the officials.