Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

7 contractors held in KP for embezzlement, Rs55m recovered

byCustoms Today Report
17/08/2015
in Business
Share on FacebookShare on Twitter

PESHAWAR: Seven contractors have been arrested over embezzlement and an amount of Rs55 million has been recovered from them.

According to an official handout, the contractors were arrested in tribal and semi-autonomous Frontier Regions (FRs) for taking advance payments of Rs130 million for development projects which they either never launched or left halfway. The arrests were made as a result of a crackdown launched on the directives of Governor Sardar Mahtab Ahmad Khan against such contractors and the government officials who were hand in glove with them.

You might also like

SECP proposes national digital market to secure better prices for farmers

15/10/2026

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

14/10/2026

The governor issued directives to identify all such type of schemes and expose the contractors/government officers involved in embezzlement.

He also directed strict action against them and to recover the amount so far taken by the contractors as advance payments. Every penny of development grants belongs to the tribesmen and transparent use of public exchequer will be ensured at all cost, the governor said.

All those involved in misappropriating the funds will be dealt with iron hands irrespective of their status, the governor added. Tribal people and the contractors who are earning money by legal means should extend their full coordination to government officials in a bid to expose the illegal ones, the governor urged.

Related Stories

SECP proposes national digital market to secure better prices for farmers

byCT Report
15/10/2026

ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

byCT Report
14/10/2026

KARACHI: Pakistan's car sales increased 19% year-on-year (YoY) to 50,480 units during the first quarter of FY27, despite declining 12%...

Pakistan’s two and three-wheeler sales hit record 202,502 units in September

byCT Report
13/10/2026

ISLAMABAD: Pakistan’s two- and three-wheeler sales reached an all-time high of 202,502 units in September 2026, crossing the 200,000-unit mark...

Pakistan trade delegation visits Romania’s largest dairy farm

byCT Report
12/10/2026

ISLAMABAD: The Pakistan-Romania Business Council (PRBC) arranged for a trade delegation from Pakistan to visit Romania’s biggest milk-producing farm close...

Next Post

0.3% WHT: Traders to observe another protesting day tomorrow

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.