FIA probes alleged corruption in PIA aircraft deal | Pakistan Today

FIA probes alleged corruption in PIA aircraft deal

KARACHI: The Federal Investigation Agency (FIA) has launched an investigation into alleged corruption in buying A 310 aircraft from a US-based company in 2012 for the Pakistan International Airlines (PIA), it was learnt on Monday.

The deal was struck by the then chairman Pakistan International Airlines (PIA) Chaudhry Ahmed Mukhtar in the year 2012 with the cost of $30mn and $15mn additional were spent over the renovation of the aircraft.

According to the FIA, the planes despite the heavy amount spent on their renovation were grounded after one year, which cost Rs5 billion losses to the national exchequer.

Mukhtar was asked to appear before the Federal Investigation Agency (FIA) for probe into the matter on June 20, but he skipped.

Sources said former MD PIA Nadeem Yousufzai has also been summoned for the probe into the scam.

On January 7, the Federal Investigation Agency (FIA) had initiated a probe into alleged corruption in the Pakistan International Airlines (PIA) in the wake of the Supreme Court’s order.

As per details, a 7-member investigation team of the FIA has started probing into alleged corruption in the national flag carrier, in the light of 10 years’ audit report, compiled by the government’s auditors.

According to the audit report of the last 10 years, the national entity had suffered the losses of Rs360 billion since 2008. PIA incurred the losses of Rs28 billion in 2001, Rs36 billion in 2008, Rs45 billion in 2016, and 44 billion in 2017.



Related posts

Top