Illegal allotments have caused million of rupees losses to the national kitty. Gwadar Industrial Estate Development Authority has not only jeopardized the economic development of the province but it also has purportedly turned into an estate agency. The Authority has doled out industrial and commercial plots among their favorites and relatives while ignoring genuine investors. The NAB has taken notice of mega corruption, said a press release.
During the initial scrutiny of record that the rules had totally been ignored by GEDA while allotting commercial and industrial plots. The plots were distributed among favorites and relatives with the help of facilitators. Furthermore, the files of industrial plots were sold on the basis of personal likes and dislikes by rejecting the applications of eligible industrialists and potential investors.
Chairman NAB said providing legal investment opportunities to all the investors in Gwadar projects was the basic requirement of economic progress of the new port. The corrupt wouldn't be allowed to take personal benefits from economic progress of Gwadar. The corrupt who want to jeopardize the economy progress of Gwadar would be dealt with an iron hand.-PR
Copyright Business Recorder, 2017