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NTC gets Rs6.101 cheque under NAB’s plea bargain

NTC gets Rs6.101 cheque under NAB’s plea bargain

LAHORE: National Telecommunication Corporation (NTC) has received a cheque worth Rs6.101 million from National Accountability Bureau (NAB) Lahore, which is the amount recovered in plea bargain from the builder and consultant due to his substandard work carried out in the project of construction of the NTC regional office building here.

The cheque distribution ceremony was held at the NAB complex on Tuesday. Viqar Rashid  Khan, NTC managing director, received  the cheque from Saleem Shahzad, Director General NAB Lahore, as the first installment out of total Rs19 million amount.

“It is the first installment on account of recovery pertaining to irregularities in the construction of the NTC regional office building Lahore project,” a spokesman for NTC told APP. He said that the MD NTC

has appreciated the efforts of NAB team for their hard work and professional commitment. After joining the NTC in year 2012, Viqar Rashid Khan observed serious irregularities and substandard work in the project regarding construction of NTC regional office building Lahore. He referred the case to NAB for investigation. NAB Lahore investigated the case, entered into plea bargain with the constructor as well as the consultant and finally recovered the amount. “The total amount of Rs19 million will be recovered in quarterly installment,” he said.