Lahore Orange Line on NAB’s radar
Anti-corruption watchdog questions tax exemptions for $1.6b project
The Executive Committee of National Economic Council had approved the project at a cost of Rs165.22 billion in May 2015 including a foreign loan of Rs103.1 billion. PHOTO: FILE
ISLAMABAD:
The National Accountability Bureau (NAB) has launched a probe into $1.6 billion Lahore Orange Line Metro project and is questioning Rs20 billion worth of tax exemptions and rationale behind including the scheme in the China-Pakistan Economic Corridor (CPEC) framework.
The Rawalpindi bureau of the anti-corruption watchdog has been verifying a complaint against the project, showed official documents.