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China s illegal profiteering in power sector leads to massive blackouts in Pakistan-ANI


Peshawar [Pakistan], January 22 (ANI): China has invested billions in Pakistan s power sector but all the deals made with Pakistan are tainted that contributed to the recent nationwide blackout, which is likely to return in future, reported Asia Times.
Citing a report of the nine-member committee headed by Muhammad Ali, a former chairperson of the Security and Exchange Commission of Pakistan (SECP) of April 2020 FM Shakil, writing an opinion piece in Asia Times said the report made startling revelations about widespread malpractice in the power sector.
The report lifted the lid on the extent of Independent Power Producer (IPP) corruption, including among Chinese units installed under a government-to-government arrangement for China-Pakistan Economic Corridor (CPEC) related operation. ....

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China's illegal profiteering in power sector leads to massive blackouts in Pakistan


China’s illegal profiteering in power sector leads to massive blackouts in Pakistan
By Mansoor|   Updated: 22nd January 2021 7:26 pm IST
Representational Image
Peshawar: China has invested billions in Pakistan’s power sector but all the deals made with Pakistan are tainted that contributed to the recent nationwide blackout, which is likely to return in future, reported Asia Times.
Citing a report of the nine-member committee headed by Muhammad Ali, a former chairperson of the Security and Exchange Commission of Pakistan (SECP) of April 2020 FM Shakil, writing an opinion piece in Asia Times said the report made startling revelations about widespread malpractice in the power sector. ....

North West Frontier , Gilgit Baltistan Po , Muhammad Ali , Huaneng Shandong Ruyi Energy , Port Qasim Electric Power Company Limited , Exchange Commission Of Pakistan , Exchange Commission , Asia Times , Independent Power Producer , China Pakistan Economic Corridor , Coal Power Project , Khyber Pakhtunkhwa , Pakistan Occupied Kashmir , Siasat Daily , வடக்கு மேற்கு எல்லை , முஹம்மது அலி , போர்த் கேஸிம் மின்சார பவர் நிறுவனம் வரையறுக்கப்பட்டவை , பரிமாற்றம் தரகு ஆஃப் பாக்கிஸ்தான் , பரிமாற்றம் தரகு , ஆசியா முறை , சுயாதீனமான பவர் ப்ரொட்யூஸர் , சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் , நிலக்கரி பவர் ப்ராஜெக்ட் , கைபர் பக்துங்க்வ , பாக்கிஸ்தான் ஆக்கிரமிக்கப்பட்டுள்ளது காஷ்மீர் ,

cpec: Pak internal report alleges China may have made huge profits from CPEC at cost of locals


Synopsis
The reality investments in the CPEC has been revealed in a 278-page report, which lists malpractices to the tune of $625 million in the independent power generating sector.
Reuters
There are allegations that pay offs were made by China to the top military leadership in Pakistan, including, the current head of the CPEC Authority Lt. Gen. (Retd.) Asim Saleem Bajwa.
New Delhi: An internal report submitted recently to Pakistan’s Prime Minister Imran Khan has made sensational allegation that China may made huge profits at the cost of its all-weather ally from
The reality investments in the China Pakistan Economic Corridor (CPEC) has been revealed in a 278-page report titled “Committee for Power Sector Audit, Circular Debt Reservation, and Future Road Map” which lists malpractices to the tune of $ 625 million in the independent power generating sector, with at least a third of it relating to Chinese projects, ET has learnt. ....

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