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ISLAMABAD: The Supreme Court, on Tuesday, while hearing a case pertaining to financial mismanagement in the Pakistan Steel Mills (PSM), noted that corruption was eating away at the Steel Mills. The court was told that the PSM had incurred a Rs 26.5 billion loss during the financial year 2008-09 due to corruption and mismanagement.
A three-member bench of the apex court, headed by Chief Justice Iftikhar Muhammad Chaudhry, is hearing a suo motu case regarding alleged corruption of Rs 26 billion in the PSM. During the
hearing, Fakharuddin G Ebrahim, counsel for the PSM, furnished before the bench a forensic audit report of the PSM prepared by M/s Avais Hyder Liaqat Nouman (AHLN). A three-member bench of the apex court, headed by Chief Justice Iftikhar Muhammad Chaudhry, is hearing a suo motu case regarding alleged corruption of Rs 26 billion in the PSM. During the
Read More: Daily Times
Posted in: Corruption in Pakistan
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