Conflict of Interest? PM Advisor Razak Dawood’s company wins bid for Mohmand Dam construction
ISLAMABAD - In an apparent case of conflict of Interest, PM Adviser on Commerce, Textile, Industry and Investment, Abdul Razak Dawood’s firm the joint venture of Descon and Chinese company, China Gezhouba, has won the bid for the construction of the Rs309 billion Mohmand Dam.
Chairman Water and Power Development Authority (WAPDA) confirmed that the joint venture of Descon and China Gezhouba has won the bid for the construction of the dam.
He added that the other joint venture of Frontier Works Organization (FWO) and Power China did not win the bid.
He further added that the WAPDA chairman further said that the contractor will mobilise to the site of the project within 10 weeks.
However, top officials in the Ministry of Water and Power said that the project is being initiated in haste. Its land has not yet been acquired and a consultancy firm is yet to be finalised, they upheld.