Sunday, 06 January 2019 13:11

Farrukh Saleeem spills beans on Mohmand Dam contract

Written by TheIndianSubcontinent News Agency
Rate this item
(0 votes)
Farrukh Saleeem spills beans on Mohmand Dam contract

ISLAMABAD: Previous government spokesperson Dr Farruk Saleem has revealed that Prime Minister Imran Khan met with officials of Chinese company, which was awarded contract to build Mohamad Dam.

The Joint Venture of Pakistani Company — Descon owned by Adviser to PM o...

Farrukh Saleeem spills beans on Mohmand Dam contract

ISLAMABAD: Previous government spokesperson Dr Farruk Saleem has revealed that Prime Minister Imran Khan met with officials of Chinese company, which was awarded contract to build Mohamad Dam.

The Joint Venture of Pakistani Company — Descon owned by Adviser to PM on Commerce, Textile, Industry Production and Investment Abdul Razak Dawood and Chinese company -- China Gezhouba won tender for construction of Rs309 billions Mohmand Dam with capacity to generate 800MW of electricity on December 31, 2018.

Talking to Geo freshs, Farruk Saleem said that Gezhouba was only private company, which was given access to prime minister during his visit to China.

I have seen pictures, he further added.

The award of contract to Decson has been widely criticised as clash of interest, however government has strongly defended it by saying tender was submitted before PTI government came to power.

Obtaining contracts while being on government posts is definitely clash of interest, he said adding that government lacks capability to drive country out of crisis.

There are no free lunches, he said. 'National interests drive international politics.'

Further dwelling into details of loans Pakistan has acquired from Arab countries, he said Islamabad shall pay more than 3% interest to Saudi Arabia and 2.8% interest on UAE loan.

The financial policies of PTI government are much working and circular debt has increased further while inflation has also risen by 2 percent.

Read 190 times Last modified on Sunday, 06 January 2019 13:11