Month: April 2021

Multi-million dollar scam: Ex-MD PLL Adnan Gilani, CFO Nadeem Nazir found guilty

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ISLAMABAD: The multi-million dollars scam on excess payments to LNG suppliers has been put on way to its logical end as former managing director of Pakistan LNG Limited (PLL) Adnan Gilani and its Chief Financial Officer (CFO) Nadeem Nazir, currently made OSDs (official on special duty), have been declared guilty and held responsible for excess payments amounting to US$27.526 million in the head of port charges. Both the top officials of PLL that deals with import of LNG, have also been declared guilty of gross willful negligence and failure to…

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Integrated mechanism needed to harness water resources

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ISLAMABAD: A more integrated mechanism is needed to harness water resources across the country to achieve water, food and energy security, said Water and Power Development Authority (Wapda) Chairman Muzammil Hussain. Briefing a delegation of the National Security Workshop, National Defence University (NDU) on Friday, the chairman said that Wapda had been constructing eight mega projects including Diamer-Bhasha Dam, Mohmand Dam and Dasu Dam to improve water availability and supply as well as increase the share of low-cost and environment-friendly hydroelectric power in the national grid. These projects, scheduled to…

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KPT asked to widen backup area at port

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Businessmen from the shipping industry have called on the Karachi Port Trust (KPT) to widen the backup area at Karachi Port for quick offloading and loading of cargo. In a statement on Thursday, Pakistan Stevedores Conference President Tariq Haleem said that free movement of transport was essential for quick discharging and loading of cargo and for the purpose, the backup space at berths was an extremely important element. According to him, one of the reasons behind low performance on the stevedoring front was the lack of space at Karachi Port.…

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Ministry moves summary on payments to IPPs

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The Power Division has again moved a summary to the Economic Coordination Committee (ECC) regarding release of payments to Independent Power Plants (IPPs). It moved a summary in the wake of a letter received by the National Accountability Bureau (NAB). The government had already signed agreements with IPPs to pay Rs403 billion in instalments. The anti-corruption watchdog is currently investigating into the alleged excess profit. Earlier, the government had put the release of payments on hold following investigation launched by the NAB. The anti-corruption watchdog was conducting investigation against a…

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Experts call for Karachi-specific law for tree protection, plantation

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KARACHI: No plantation campaign can increase green cover of the city unless the government enacts a Karachi-specific law for tree protection and plantation and imposes a strict ban on cutting of tree/s, unless it is authorised by an expert committee representing all stakeholders, including the academia. This body should also serve as a legal authority on granting permission for tree plantation at public spaces. This was shared by experts in a conversation with Dawn on Sunday. They were expressing their opinion about the recently launched tree plantation campaigns in terms…

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