Addressing a press conference, Akbar said that Technical Associates, one of the three contractors of the new airport, was owned by Mian Munir. “Because of this, there were delays which ended up benefiting Technical Associates which then ended up injecting Rs507m into the CSM,” he alleged. Akbar said that in May 2017, Technical Associates had transferred Rs310m into the account of CSM via various accounts. The company sought loans of $15m for importing plants and machinery for establishing a sugar mill,” he further said. On its part, Technical Associates said the case was in arbitration and it would not comment on it.

Source: Pakistan Today January 30, 2020 16:38 UTC