Successful recovery: NAB recovers embezzled money
The company agreed to voluntarily return the embezzled amount.
PESHAWAR:
The National Accountability Bureau in Khyber-Pakhtunkhwa (K-P) recovered money embezzled by a company for supplying substandard generators to medical and dental colleges in the province. A contract worth Rs53.09 million was awarded by the K-P health department (KP). During an inquiry, a loss of Rs.9.8 million was detected as the supplier supplied sub-standard canopies of generators instead of imported ones. The company agreed to voluntarily return the embezzled amount.
Published in The Express Tribune, July 18th, 2013.
The National Accountability Bureau in Khyber-Pakhtunkhwa (K-P) recovered money embezzled by a company for supplying substandard generators to medical and dental colleges in the province. A contract worth Rs53.09 million was awarded by the K-P health department (KP). During an inquiry, a loss of Rs.9.8 million was detected as the supplier supplied sub-standard canopies of generators instead of imported ones. The company agreed to voluntarily return the embezzled amount.
Published in The Express Tribune, July 18th, 2013.