SC acts against shady rental plant deal

The Supreme Court ordered the Walters Power International (WPI) and its associate headed by Iqbal Z. Ahmed on Tuesday to submit on Wednesday a statement that it was returning $11.28 million, along with interest, that it had received as 14 per cent advance mobilisation funds for installing rental power plants in Naudero and Guddu.

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Graft charges: SC seeks reply from private firms

ISLAMABAD: The Supreme Court has asked private power companies to submit their responses by December 6 on allegations of massive corruption in rental power projects leveled by the Transparency International in one of its reports.

A three-member bench of the apex court, headed by Chief Justice Iftikhar Muhammad Chaudhry, was hearing a suo motu case along with . . . → Read More: Graft charges: SC seeks reply from private firms