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PESHAWAR: Describing the allegations levelled by PML-N law maker Daniyal Aziz as lies, the Khyber Pakhtunkhwa (KP) government on Friday requested the Director General (DG) Federal Audit to probe into Hydel development funds from 2013-2014.
Pakistan Muslim League - Nawaz (PML-N) leader Daniyal Aziz on August 21 had alleged that some Pakistan Tehreek-i-Insaf leaders had illegally invested millions of rupees from the Khyber Pakhtunkhwa government’s Rs25 billion hydel power funds in stock market to benefit some rich businesspeople from outside the province.
Chief Minister Khyber Pakhtunkhwa Pervez Khattak in a statement said, "The allegations levelled by PML-N lawmaker Daniyal Aziz regarding Hydel Development funds investment in stock markets are all baseless."
"The provincial government has not invested a single penny from the hydel funds in the stock markets."
Pervez Khattak said that in during the Muttahida Majlis-i-Amal (MMA) era Rs563 million from the employees pension funds had been invested in the stock markets and the present government had not only recovered Rs175m from the invested employees pension funds but also succeeded in taking back Rs10m as interest.
Also read: KP govt sends PML-N lawmakers Rslbn damages notice
He said, "Danyal Aziz is a liar and the KP government has served a legal notice to him."
KP govt requests DG Federal Audit to probe hydel fund scandal - Pakistan - DAWN.COM
Pakistan Muslim League - Nawaz (PML-N) leader Daniyal Aziz on August 21 had alleged that some Pakistan Tehreek-i-Insaf leaders had illegally invested millions of rupees from the Khyber Pakhtunkhwa government’s Rs25 billion hydel power funds in stock market to benefit some rich businesspeople from outside the province.
Chief Minister Khyber Pakhtunkhwa Pervez Khattak in a statement said, "The allegations levelled by PML-N lawmaker Daniyal Aziz regarding Hydel Development funds investment in stock markets are all baseless."
"The provincial government has not invested a single penny from the hydel funds in the stock markets."
Pervez Khattak said that in during the Muttahida Majlis-i-Amal (MMA) era Rs563 million from the employees pension funds had been invested in the stock markets and the present government had not only recovered Rs175m from the invested employees pension funds but also succeeded in taking back Rs10m as interest.
Also read: KP govt sends PML-N lawmakers Rslbn damages notice
He said, "Danyal Aziz is a liar and the KP government has served a legal notice to him."
KP govt requests DG Federal Audit to probe hydel fund scandal - Pakistan - DAWN.COM
