ISLAMABAD – The National Accountability Bureau has responded over the mediareports regarding Multan Metro Bus Service.
NAB clarified that the Multan Metro Bus project inflicted a loss of Rs 2.2billion to the national exchequer.
According to a press release issued on Friday, the Multan bureau of theanti-graft body was conducting investigations into the project fromdifferent angles including evaluation of feasibility study and approval ofthe project, evaluation of bidding process, award of contracts, executionof works, international procurement, evaluation of land acquisition processand tracking of financial transactions into accounts of Yabaite China.
The anti-graft body has clarified that the media reports about theinvestigations were concocted and were damaging the repute of stateinstitutions.
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The bureau has clarified that three different teams were looking into thematter comprising engineers, bankers and revenue officers.
‘The NAB team visited Lahore, Karachi and Islamabad for the collection ofevidence,’ stated the bureau.
