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

Senate body directs NAB to probe sale of PIA plane

byCT Report
10/10/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Senate’s Public Accounts Committee (PAC) on Tuesday asked the National Accountability Bureau (NAB) to probe the controversy surrounding the sale of a Pakistan International Airlines plane.

Earlier this year, PAC had found that a PIA plane had gone missing. However, later it was revealed that the plane had been sold to a German museum.

You might also like

Two IPOs approved for listing at PSX despite regional tensions

23/04/2026

Attock Refinery halts operations amid road closures, fuel supply risks emerge

22/04/2026

The flight-worthy airplane was sold to the museum in Leipzig even though permission had not ben sought, senators had said in March. No agreements were signed and the PIA did not receive any advance payment for the sale of the A-310, they had added.

PIA Spokesperson Mashhood Tajwar, however, had said that the plane had not gone missing but rather it was in Germany where it had been flown after being chartered to a British company for picturising a movie in Malta.

As the PAC reviewed audit objections in connection with the aviation sector, Committee Chairman Khursheed Shah, said that the issue of the ‘missing’ plane brought a bad name to Pakistan.

“How come a plane of the national flag carrier reached Germany without any due process?” Shah asked. He ordered NAB to investigate the matter and find out who had ordered the name of former acting chief executive officer (CEO) of the airline, Bernd Hildenbrand, to be removed from the Exit Control List.

In September, a minister had said that the former CEO had taken the plane home while leaving Pakistan.

Earlier, Hildenbrand’s name had been placed on the Exit Control List (ECL) after a number of corruption charges were made against him, including a charge that he had sold the ‘missing’ plane to a museum in Germany. Hildenbrand had gone on leave and was later removed from the post. His name was struck off the ECL and he is believed to be in Germany.

During Tuesday’s meeting, the chairman of the Civil Aviation Authority (CAA) told the committee that a Malta-based film production company had hired the plane against $210,000. Later the plane was directly flown from Malta to a museum in Germany.

The chairman also told the committee that the foreign adviser of the PIA who had finalised the deal was an employee of the same company which was purchasing the plane.

Shah vowed to bring the matter to its logical end and asked for the record of the foreign trips taken by high-rank holding officials of PIA over the past year.

In addition, the PAC also reviewed the issue of constructing 15 bridges for passengers at New Islamabad International Airport.

Audit officials told the PAC that irregularities worth Rs5.99 billion have been found in the contracts for the construction of these bridges.

According to their findings, the cost of the bridges was mentioned as Rs2.57 billion in the project’s Planning Commission’s form 1, whereas the CAA engineers had estimated the cost of the project at Rs4.77 billion.

Shah constituted a four-member committee which will be chaired by Senator Sherry Rahaman and look into the matter.

Related Stories

Two IPOs approved for listing at PSX despite regional tensions

byCT Report
23/04/2026

KARACHI: The Securities and Exchange Commission of Pakistan has approved two more Initial Public Offerings for listing at the Pakistan...

Attock Refinery halts operations amid road closures, fuel supply risks emerge

byCT Report
22/04/2026

ISLAMABAD: Attock Refinery Limited has suspended operations due to road closures linked to heightened security measures and the expected arrival...

Zong launches Pakistan’s first 5G facilitation Kiosk at Islamabad Airport

byCT Report
21/04/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has set a new industry benchmark by launching the country’s first dedicated 5G...

Ethiopian Airlines plans direct Lahore flights to boost trade, connectivity

byCT Report
20/04/2026

LAHORE: Ethiopia’s Ambassador to Pakistan, Dr Oumer Hussein Oba, informed Commerce Minister Jam Kamal Khan that Ethiopian Airlines is planning...

Next Post
Construction site crane building a blue 3D text. Part of a series.

Afzal assigned to look after accounts, budget-related work of Adjudication

  • 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.