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

Rs 225m bio-fuel project: Corruption scandal unearthed in PARC

byCT Report
11/04/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: A mega corruption scandal has rattled the Pakistan Agriculture Research Council (PARC).

According to a local news agency, the scientists of the council purchased seeds worth over Rs 20 million to grow Salicornia, but the seeds were never planted and the project has now been abandoned.

You might also like

Business community appreciates EXIM Bank Scheme

23/10/2026

Barrister Danyal invites women entrepreneurs to contribute as parliamentarians

22/10/2026

As per the parliamentary committee’s report, the PARC scientists planned to grow Salicornia crop in coastal areas of the country for a bio-fuel project and had gotten the grant of approximately Rs 225 million from Central Working Development Party (CWDP).

“Initially, the PARC scientists secured funds of Rs 20 million from Ministry of Finance and promised to purchase the seeds for this crop from abroad. However, about Rs 7 million were spent on the purchase of the seeds, which were later wasted in storage,” the report added.

The report further revealed that the PARC scientists ended the project after two years. It added that the PARC officials had to provide these seeds to regional farmers to achieve the desired results for the said project but it was never done.

Related Stories

Business community appreciates EXIM Bank Scheme

byQaisar Mansoor
23/10/2026

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan chaired a consultative meeting with leading exporters, industrialists and representatives of the...

Barrister Danyal invites women entrepreneurs to contribute as parliamentarians

byCT Report
22/10/2026

RAWALPINDI: Federal Parliamentary Secretary for Information and Broadcasting, Barrister Danyal Chaudhry on Wednesday formally inaugurated the The Rawalpindi Chamber of...

Punjab unveils Rs300b financing programme for businesses

byCT Report
21/10/2026

LAHORE: Punjab Minister for Industries and Commerce Chaudhry Shafay Hussain has announced a Rs300 billion programme this year, under which...

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

byCT Report
20/10/2026

LAHORE: The Punjab government has decided to ban the use, purchase and sale of spying devices, including glasses, pens, watches...

Next Post

Customs revenue will increase if WeBOC introduces in Kurram Agency: Fazal-e-Samad

  • 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.