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China Pakistan Economic Corridor: Allegations against China to mint profits at the cost of locals.

1:14 PM
Allegations against China have been made for indulging in malpractices and making exorbitant profits at the cost of Pakistani locals from the China Pakistan Economic Corridor by violating Standard Operating Procedures (SOPs). The $62 billion CPEC is a flagship project under the Belt and Road Initiative (BRI) of the Chinese government.
A 278 page report titled “Committee for Power Sector Audit, Debt Reservation, and future Road Map has been written to Prime Minister Imran Khan which lists malpractices amounting to $625 million in the independent power generating sector. 1/3
rd of these are related to Chinese projects. The report also mentioned inflating the cost of certain projects and using the payments to bribe top military officers in Pakistan. ....

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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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