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Home Pakistan Govt.

SC orders RPPs to pay back US $21million with mark up

ToP by ToP
December 8, 2010
in Govt., Pakistan
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ISLAMABAD:The Supreme Court of Pakistan(SC) ordered to take back the amount of over US $21 million along with markup paid up in advance for two Rental Power Projects (RPPs)by today (Wednesday).Three-member SC bench headed by Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry and comprising Justice Ghulam Rabbani and Justice Khalil-ur-Rehman Ramday heard the suo moto notice against rental power projects on Tuesday.Justice Iftikhar Muhammad Chaudhry said in his remarks that reports being divulged by WikiLeaks are quite disparaging, urging all and sundry to respect country and its solidarity.The counsel of Guddu Rental Power Plant , Dr Pervaiz Hassan argued before the court that the matter relating the revocation of plant was in pipeline for a year now, adding the Company returned over Rs.400 million received in advance and will pay back the remaining 300 million by December 11.

Justice Khalil-ur-Rehman Ramday asked how the machinery went to Naudero, seeing that the agreement was cancelled on December 04; on top of it that even the money was not paid off.Chief Justice said that stiff legal action would be taken against responsible of this corruption, adding that decisions in favour of the nation would be made, which would enhance the respect of country in the world; whereas surrender reduced the honor of country.Court ordered to the RPPs officials that they should return the public money with interest by today (Wednesday) and inform the court at 9: 30 today (Wednesday). The apex court later on adjourned the matter for today (Wednesday).After proceedings of the court former minister for interior Faisal Saleh Hayat said that he could not get justice from the Parliament but court provided justice to him, adding that government has committed corruption of 140 billion rupees in RPPs. He said that he would play his due role to save public money – Sananews

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