• header EFSAS

News & Cases

EFSAS comments on CPEC - Report exposing corruption and exploitation

 

The hapless Prime Minister Imran Khan, kept blissfully clueless about the real goings-on in the power sector and the CPEC by his props within the military establishment, decided last year to delve into the reasons behind high power tariffs and ordered a probe by a nine-member committee headed by the former chairman of the Securities and Exchange Commission of Pakistan (SECP), Mohammad Ali. The role of Chinese companies as financers and executors of CPEC projects was among the aspects scrutinized by the committee. This committee recently submitted a unanimous 278-page long report titled the ‘Committee for Power Sector Audit, Circular Debt Reservation, and Future Roadmap’ to Imran Khan. 

 

Read more...