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 discusses irregularities of mineral sector in FATA

byCT Report
10/02/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Senate Standing Committee on States and Frontier Regions (SAFRON) examined and discussed irregularities and gross violations of Mineral Concession Rules 2005 and Fata Mineral Policy in awarding of various category licenses for the semi-precious stone in Mohmand Agency to a private company.

The committee meeting was held here under the Chairmanship of Senator Hilal ur Rehman at parliament lodges, said a press release here on Saturday.

You might also like

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

PSO profit surges past Rs38bn in first nine months

29/04/2026

The meeting was attended by Senators Saleh Shah , Hidayat ullah, Taj Muhammad, Malik Najmul Hassan, Ahmad Hassan, Khanzada Khan and Sitara Ayaz, and Director Minerals, GM planning from FDA, officials from Ministry of SAFRON.

The committee also noted that since the standing committee took notice of this issue in 2016, the attitude of the officials of FATA Development Authority in trying to conceal facts on this mega Scam was reprehensible and indicative of the connivance of officials of FATA secretariat and Fata Development Authority.

He maintained that owing to flagrant violations of rules, the state exchequer and poor people of FATA were robbed of billions of rupees through illegal mining of nephrite stone, which belonged to the downtrodden masses of FATA.

He said illegal mining activities were carried out on fictitious prospecting licenses from January 2015 to October 2015. Mineral directorate issued licenses for serpentine whereas mining was conducted for semi-precious and expensive Nephrite stone.

He also clarified that the prospective license and subsequent mining licenses were issued in clear violations and non-adherence to the provisions of rule 95,100,117, 124, 133, 134, 173 among other provisions of FATA mineral policy as well.

The chairman emphasized that the consequence of this nexus between Mineral Directorate FATA development authority and m/s Bajaur Ancient Variety Pvt Ltd was that only during the initial prospecting license period (Jan to August 2015) 32 trucks of mined nephrite that were taken out from Mohmand Agency were of roughly around 10 billion rupees only. So when the total quantum of mined and traded nephrite was computed, it would be in many times more up till now.

Therefore, the committee unanimously concluded that in light of the discussions and findings of the committee on the subject issue and with reference to the previous meeting of the standing committee dated January 17, 2018, whereby the enquiry report regarding irregularities / ambiguities  in the issuance of NoC / license to m/s Bajaur Ancient Variety (pvt) ltd ; it was recommended to ministry of SAFRON that the subject Prospecting license and Subsequent Mining licences were issued without observing adherence to the above mentioned Mineral Concessional Rules 2005 . Hence, they be cancelled forthwith.

Departmental inquiry to be initiated against all the concerned officers of Mineral directorate, FDA and political administration who have been involved either through omission or commission in awarding licenses and then allowing the illegal mining to carry out.

From January to August 2015 illegally mined nephrite on prospecting license be probed by NAB and FIA in detail in order to estimate the actual scale of the loss to the government exchequer and also to fix responsibility on the officials responsible.

Related Stories

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

PSO profit surges past Rs38bn in first nine months

byCT Report
29/04/2026

ISLAMABAD: Pakistan State Oil (PSO) has reported profit exceeding Rs38 billion during the first nine months of the current financial...

Pakistan power circular debt rises Rs224b to Rs1.84 trillion

byCT Report
28/04/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year,...

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Next Post

FCCI hails PM’s plan to broaden tax base

  • 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.