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

Raja Pervaiz, Babar Awan’s bail approved in Nandipur project case

byCT Report
18/09/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: An accountability court on Tuesday directed former prime minister Raja Pervaiz Ashraf and Pakistan Tehreek-e-Insaf (PTI) leader, Dr Babar Awan, to submit a surety bond of Rs0.2 million in the Nandipur Power Project case.

During a short hearing, in which both defendants were present, the court approved Ashraf and Awan’s bail and directed them to submit a surety bond. The hearing was then adjourned till October 2.

You might also like

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

10/10/2026

Weekly inflation rises 0.57 percent

09/10/2026

Speaking to media after the hearing, Ashraf said, “I am surprised to find my name linked to this case. The case against me is baseless.”

Further, the former prime minister said, “I came to know about the facts of the case after reading the case report by SC Judge Rehmat Hussain Jaffery. Our lawyers will take the case up in Supreme Court.”

The Nandipur power project was approved by the Economic Coordination Committee (ECC) of the cabinet on December 27, 2007, at a cost $329 million.

Its contract was signed on January 28, 2008, between the Northern Power Generation Company Limited (NPGCL) and Dong Fang Electric Corporation of China and two consortiums – COFACE for 68.967 million euros and SINOSURE for $150.151m – were established for financing the project.

The case was initiated after the Supreme Court restored the 2011 petition filed by former defence minister Khawaja Asif regarding corruption in the Nandipur project. The court had issued notices to the Water and Power Development Authority and the Pakistan Electric Power Company (Pepco).

A National Accountability Bureau (NAB) report stated that a ground check of the project had been conducted by the combined investigation teams of the anti-graft body and relevant records taken into possession from the ministries of law, water and power and finance.

During the course of investigation, NAB said, it came to record that the officers and officials of the law ministry had failed to exercise their lawful authorities by not issuing legal opinion, causing losses to the national exchequer, hence they committed the offence of corruption and corrupt practices under Section 9(a)(v) and (xii) of the National Accountability Ordinance (NAO).

In its 94-page report, the commission said the national exchequer had suffered a colossal loss of Rs113 billion due to negligence of the then law minister for causing delay in giving necessary approval and completing documents for the execution of 950MW projects of Nandipur and Chichon-Ki-Malian.

There was also negligence on part of executive authorities of the law ministry, which caused the delay in completion of the projects, the report added.

Related Stories

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

byCT Report
10/10/2026

ISLAMABAD: Pakistan faces growing challenges in ensuring access to healthcare, education, and social protection as governments across Asia continue to...

Weekly inflation rises 0.57 percent

byCT Report
09/10/2026

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation increased by 0.57 percent during the week ended on October 08, 2026,...

Old rusty corroded car parts in car scrapyard. Car recycling.Wrecking Machinery Parts wait for reused or to be a part for repair.

Pakistan proposes 40pc local production of car parts

byCT Report
08/10/2026

ISLAMABAD: The government of Pakistan has proposed raising the share of locally made automobile parts from 10 percent to 40...

Pakistan pavilion inaugurated at Beautyworld Middle East 2026 in Dubai

byCT Report
07/10/2026

DUBAI: Consul General of Pakistan in Dubai, Hussain Muhammad, inaugurated the Pakistan Pavilion at the 30th edition of Beautyworld Middle...

Next Post
?????????????????????????????????????????????????????????

NAB tenders apology to SC for misstating facts in Panama references

  • 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.