Faisal Vawda unveils evidence of Rs60b maritime scandal
Pakistan
A defaulter company was given undue concessions, accused Vawda
ISLAMABAD (Dunya News) – Senator Faisal Vawda has claimed to have presented evidence of corruption in the maritime sector.
Chairing a meeting of the Senate Standing Committee on Maritime Affairs, Vawda praised Army Chief Asim Munir for setting an example by holding his institution accountable first.
He alleged that the Maritime Secretary was involved in covering up a Rs 60 billion misappropriation. "I have spent eight months compiling and studying evidence," Vawda said, adding that he reviewed 728 pages related to the case.
According to Vawda, the Maritime Secretary canceled the process for a Rs 60 billion land transaction. "We successfully prevented this corruption. I am aware of the case's history from 2005 to 2015 and how long it has remained unheard," he stated.
Raising concerns, Vawda questioned, "If the deal was legitimate, why was the office opened on a Sunday to cancel the agreement?" He vowed to present solid evidence, asserting that he possessed documents the FIA had been unable to secure for years.
Vawda revealed that in September 2024, a decision was made to allocate 500 acres of Port Qasim land at Rs 1 million per acre. He further alleged that 365 acres were exchanged for 500 acres, with only 8 percent of the land actually allocated. "A defaulter company received undue concessions," he claimed.
He also accused the company of deceit, stating it initially posed as a foreign entity but was later found to be local.
"There can be no out-of-court settlement with a fraudulent company. Why is the board favoring this entity?" Vawda questioned.
