A fresh financial irregularities scandal has surfaced involving five major road projects in Dera Ismail Khan (DI Khan), putting former federal minister Asad Mahmood’s tenure under scrutiny.
The projects, executed during Asad Mahmood’s tenure as federal minister, have come under scrutiny over irregularities in the re-tendering process, which caused substantial losses to the national exchequer.
The tenders for all five projects were approved at rates approximately 51% to 55% higher than their official estimated costs, raising serious questions about the re-tendering process, the approval of inflated rates and the use of public funds.
The latest revelations have added another controversy to the list of financial irregularities surrounding development projects undertaken during Asad Mahmood’s ministerial tenure, with questions emerging over who approved the substantially higher tender rates and who benefited from the process.
More to follow…
