Corruption in Pakistan: Rs 2 billion corruption per day in the country

Corruption in Pakistan: Rs 2 billion corruption per day in the country
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ISLAMABAD – Minister of State for Communication, Murad Saeed said on Tuesday that daily corruption in the country was over 2 billion as per authentic reports.

Speaking on the floor of the National Assembly, he said country’s tax net was being expanded, lamenting that due to the worst performance of previous government, country’s institutions including Pakistan International Airlines (PIA) had sustained whooping losses during the last five years.

‘Foreign Chief Executive Officer (CEO) of PIA stole an aeroplane of PIA and sold it. Ishaq Dar fled from the country in the special plane of former Prime Minister. Rs 450 billion were paid by the previous government to Independent Power Producers (IPPs) immediately after taking charge of the government in 2013 that too without conducting an audit,’ highlighted the minister.

Saeed explained that due to bad governance, the country’s circular debt had reached Rs 1,152 billion.

The minister elaborated that the opposition was criticizing the government for converting the Prime Minister House into university.

Economy