The Petroleum Division had constituted an inquiry committee to analyse the transactions on November 12, 2020. “Qazi may very well have a conflict of interest as part of the board which had made these excess payments for 5 years. Similarly, the management was informed about excess payments under contract and the legal department also agreed to take action and stop the deposits. But an external legal opinion was not sought till August 2020 whereas a preferential treatment was made with two LNG suppliers. “It strange that clear directions on the issue of excess payments to LNG suppliers were given in July 2019 but were not followed till October 2020,” he said.

Source: Pakistan Today April 07, 2021 11:03 UTC