New details reveal corruption in Multan Metro Bus Project

New details reveal corruption in Multan Metro Bus Project
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ISLAMABAD - Scope of investigations into alleged corruption of $17.5 million in the Multan Metro Bus project and transfer of money abroad to China is being enhanced by the Senate panel probing the matter.

Fresh details revealed the link of a top official of China-based Yabaite Technology with the Yabaite-Pakistan company.

The Yabaite Pakistan Construction Group Private Limited is among the three companies working on the Rs17.6 billion ($167 million) Multan Metro Bus project.

The company is also facing a probe by the China Securities Regulatory Commission (CSRC) over allegations of violation of Chinese securities laws.

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