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NAB looking for 'wrongdoing' in altered deals with IPPs

NAB looking for ‘wrongdoing’ in altered deals with IPPs
Top Story
February 18, 2021
ISLAMABAD: In an unexpected development, the National Accountability Bureau (NAB) has swung into action and started staring down with ‘doubt’ at the conversion of MoUs into altered contracts, starting from signing of MoUs with 47 IPPs up to the signing of amended power purchase agreements (PPAs) to look for ‘any wrongdoing.’
And to this effect, the anti-graft body wrote a letter to secretary power on February 10, seeking details till today (Thursday) about the MoUs, amended Power Purchase Agreements and ask for rationale to invoke local arbitration on excess profit of Rs53 billion. “This move from the NAB has made the top mandarins of Power Division jittery, who fear if the entire exercise would materialize or not,” a senior official privy to the development confided to The News. “The NAB may look into the process for any deviation from MoUs. In the MoUs signed o ....

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NAB to probe 'wrongdoing' in altered contracts with IPPs

NAB to probe 'wrongdoing' in altered contracts with IPPs
geo.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from geo.tv Daily Mail and Mail on Sunday newspapers.

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''پیسوں کے عوض ووٹوں کی فروخت کی ویڈیو'' وزیر اعظم عمران خان نے بڑا اعلان کردیا

''پیسوں کے عوض ووٹوں کی فروخت کی ویڈیو'' وزیر اعظم عمران خان نے بڑا اعلان کردیا
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Excess profits of Rs53 bn by some IPPs: IPPs ask for experts panel led by Supreme Court judge

Top Story
January 12, 2021
ISLAMABAD: In a new development, as many as six important IPPs have asked the MoU Implementation Committee, headed by Federal Minister for Finance and Revenue Dr Hafeez Shaikh, to constitute an experts panel headed by a Supreme Court judge to look into the charges if they have made excess profit of Rs53 billion.
“They urged the government not to send the issue to Nepra as declared by Mohammad Ali Report, said a senior official who was part of the government negotiations with IPPs on the dues payment mechanism and Master Agreements.
On the alleged excess profit made by them, the IPPs want an experts panel headed by a Supreme Court judge to resolve the issue.” ....

Hafeez Shaikh , Mou Implementation Committee , Supreme Court , Federal Minister , Revenue Dr Hafeez Shaikh , Mohammad Ali Report , ஹபீஸ் ஷேக் , மௌ செயல்படுத்தல் குழு , உச்ச நீதிமன்றம் , கூட்டாட்சியின் அமைச்சர் , வருவாய் டாக்டர் ஹபீஸ் ஷேக் , முகமது அலி அறிக்கை ,

Excess profits of Rs53b by some IPPs: IPPs ask for experts panel led by SC judge

Top Story
January 12, 2021
ISLAMABAD: In a new development, as many as six important IPPs have asked the MoU Implementation Committee, headed by Federal Minister for Finance and Revenue Dr Hafeez Shaikh, to constitute an experts panel headed by a Supreme Court judge to look into the charges if they have made excess profit of Rs53 billion.
“They urged the government not to send the issue to Nepra as declared by Mohammad Ali Report, said a senior official who was part of the government negotiations with IPPs on the dues payment mechanism and Master Agreements. On the alleged excess profit made by them, the IPPs want an experts panel headed by a Supreme Court judge to resolve the issue.” ....

Hafeez Shaikh , Mou Implementation Committee , Supreme Court , Federal Minister , Revenue Dr Hafeez Shaikh , Mohammad Ali Report , Power Purchase Agreements , ஹபீஸ் ஷேக் , மௌ செயல்படுத்தல் குழு , உச்ச நீதிமன்றம் , கூட்டாட்சியின் அமைச்சர் , வருவாய் டாக்டர் ஹபீஸ் ஷேக் , முகமது அலி அறிக்கை ,