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Ministry's wrong decisions caused loss of billions

Ministry's wrong decisions caused loss of billions
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Shahzeb Khanzada Kay Saath , Shahzeb Khanzada , Maritime Affairs Ali Zaidi , Ministry Of Maritime Affairs , Dg Oil , Petroleum Nadeem Babar , Petroleum Ministry , Geo News , Aaj Shahzeb Khanzada Kay Saath , Aaaj Shahzeb Khanzada , Nadeem Babar , Maritime Affairs , Petroleum Minister , ஷாஜெப் கஞ்சத காய் சாத் , ஷாஜெப் கஞ்சத , கடல் வாழ்க்கைத்தொழில்கள் அலி ஜைய்தி , அமைச்சகம் ஆஃப் கடல் வாழ்க்கைத்தொழில்கள் , டக் எண்ணெய் , பெட்ரோலியம் நதீம் பாபர் , பெட்ரோலியம் அமைச்சகம் , புவி செய்தி , நதீம் பாபர் , கடல் வாழ்க்கைத்தொழில்கள் , பெட்ரோலியம் அமைச்சர் ,

Petroleum Ministry's wrong decisions caused loss of billions

Petroleum Ministry's wrong decisions caused loss of billions
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Shahzeb Khanzada Kay Saath , Shahzeb Khanzada , Maritime Affairs Ali Zaidi , Ministry Of Maritime Affairs , Dg Oil , Petroleum Nadeem Babar , Petroleum Ministry , Geo News , Aaj Shahzeb Khanzada Kay Saath , Aaaj Shahzeb Khanzada , Nadeem Babar , Maritime Affairs , Petroleum Minister , ஷாஜெப் கஞ்சத காய் சாத் , ஷாஜெப் கஞ்சத , கடல் வாழ்க்கைத்தொழில்கள் அலி ஜைய்தி , அமைச்சகம் ஆஃப் கடல் வாழ்க்கைத்தொழில்கள் , டக் எண்ணெய் , பெட்ரோலியம் நதீம் பாபர் , பெட்ரோலியம் அமைச்சகம் , புவி செய்தி , நதீம் பாபர் , கடல் வாழ்க்கைத்தொழில்கள் , பெட்ரோலியம் அமைச்சர் ,

Tags , Petroleum- Dunya News - Latest News

The price crash is the latest indication of the depth of the crisis hitting the oil sector. . ....

Caspian Sea , Oceans General , United States , United Kingdom , France General , Castilla La Nueva , Saudi Arabia General , Saudi Arabia , Lahore High Court , Abu Dhabi , Abuz Aby , United Arab Emirates , Bijan Zanganeh , Nadeem Baber , Sarwar Khan , Edwin Drake , Hafeez Shaikh , Shehbaz Sharif , Imran Khan , Khawaja Asif , Abdul Hafeez Shaikh , Justice Mian Saqib Nisar , Ecopetrol Castilla , Rana Muhammad Afzal , Makhdoom Khusro Bakhtyar , Petroleum Division ,

Unceasing loot and plunder - Newspaper

In June 2009, the National Accountability Bureau (NAB) furnished to the Justice Bhagwandas Commission a report on alleged wrongdoings by government functionaries and the oil industry that caused losses of over Rs83 billion in five years.
The NAB report that covered the petroleum pricing mechanism between June 2001 and June 2006 was originally submitted to the then president Gen Pervez Musharraf and prime minister Shaukat Aziz on June 13, 2006 by the then NAB chairman Lt-Gen (retd) Shahid Aziz. The report was never made public, but Gen Aziz was immediately shown the door unceremoniously.
The report observed that “It is sufficiently evident that (functionaries in the) Ministry of Petroleum in collusion with the Oil Companies Advisory Committee (OCAC), oil industry and oil marketing companies (OMCs) have engaged themselves in corrupt practices for generating colossal undue financial gains for refineries and OMCs at the cost of public and economy as a whole”. ....

Gen Aziz , Shahid Aziz , Petroleum Division , National Accountability Bureau , Justice Bhagwandas Commission , Supreme Court , Competition Commission , Ministry Of Petroleum , Oil Companies Advisory Committee , Dg Oil , Bhagwandas Commission , Gas Regulatory Authority Ogra , Gen Pervez Musharraf , Shaukat Aziz , Gas Regulatory Authority , Directorate General , கேன் அஜிஸ் , ஷாஹித் அஜிஸ் , பெட்ரோலியம் பிரிவு , தேசிய பொறுப்பு பணியகம் , நீதி பகவந்தாக்கள் தரகு , உச்ச நீதிமன்றம் , போட்டி தரகு , அமைச்சகம் ஆஃப் பெட்ரோலியம் , டக் எண்ணெய் , பகவந்தாக்கள் தரகு ,

Petrol crisis probe | The Express Tribune

Petrol crisis probe
December 19, 2020
The inquiry commission set up to investigate the petroleum crisis of June this year has recommended that the Oil and Gas Regulatory Authority (Ogra) be dissolved. Other recommendations include departmental proceedings against top officials of the Petroleum Division and halting the operations of petroleum company Byco. The commission s report estimated that oil worth over Rs250 billion is smuggled in from Iran and that several operations in the oil sector were going on illegally, with no monitoring from the so-called regulator.
Ogra s performance was so bad that the commission actually went beyond its mandate and argued for an audit of all regulatory bodies for all sectors. At this point, we don t even need to go into the details of the report. How bad does an institution have to be that its poor performance leads investigators to look into anyone and anything remotely resembling it? ....

Petroleum Division , Dg Oil , Gas Regulatory Authority Ogra , Gas Regulatory Authority , பெட்ரோலியம் பிரிவு , டக் எண்ணெய் , வாயு ஒழுங்குமுறை அதிகாரம் ஒக்ரா , வாயு ஒழுங்குமுறை அதிகாரம் ,