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PAC seeks report on buying of Rs 36.9 million outdated plane.
Byline: ZULFIQAR AHMAD
A special committee of Public Accounts Committee (PAC) has taken serious note of buying outdated plane worth Rs 36.930 million from a foreign company and sought a detailed report from Ministry of Defence. The committee, which met here on Thursday with Zahid Hamid in the chair reviewed the financial embezzlement in the ministry of defence and defence production.
Audit official informed the committee that a civilian passenger aircraft purchased by Pakistan army in May 1991 worth Rs 36.930 million (1.5 million dollar) was declared surplus within eight months of its buying (January 1992) and hectic efforts were made to dispose it of to a commercial …
