Islamabad: The government of Pakistan Tehreek-e-Insaf (PTI) has has turned down names of former chief Justice of Pakistan Justice Tassaduq Hussein Jilani and retired bureaucrat Shoaib Suddle to head Inquiry Commission to probe massive increase in public debt during tenures of Pakistan Peoples’ Party (PPP) and PML-N government.
PML-N had taken loans for CPEC projects and according to mandate given to Inquiry commission, it may probe the contracts. The commission has been mandated to investigate whether the terms and conditions of any public contract were tainted or benevolent or artificially inflated to facilitate any kick-backs. If so, it will determine in whose favour it was done.
Sources told Newztodays.com that however, the government appointed deputy chairman National Accountability Bureau (NAB) Hussain Asghar to head the commission.
The Commission will be comprised of representatives of NAB, FIA, Intelligence Bureau (IB), ISI, SBP, SECP, FBR, auditor general of Pakistan, secretary finance, MI and AGPR. The commission will determine the significance of major infrastructure or public sector development works conducted from the years 2008 to 2018 and commensurate them with the increase in public debt from Rs 6.6 trillion to Rs 30.84 trillion in September 2018.
The commission will also inquire and investigate the award or implementation of any contract, agreement or project and whether any debt was taken for a particular project and the same was then spent on the corresponding or some other project. It will also probe whether any holders of public office or their spouses, children and any persons connected to them expended any public funds so as to meet personal or private expenditures beyond what had been permitted under the law and rules?
Forensic and financial audits will be conducted through any reputed international or local auditor or set of auditors in order to determine the real nature, scope, volume, cost and trail of the investments or expenditures of the federal government from February 2008 to September 2018.The commission will fix responsibility in respect of this and refer any regularity or illegality found for investigation and prosecution to relevant agency and department. The commission will submit report within six months.