KP govt requests DG Federal Audit to probe hydel fund scandal

E-Paper | March 18, 2026

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.

Read: PTI asked to explain use of hydel funds

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."

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I m Serious

Oct 16, 2015 04:51pm

WELLDONE KHATAK SB

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Imran muhammad

Oct 16, 2015 05:22pm

Development of kpk is the answer to these liars ...other wise this will be the last tenure .....for PTI.

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imme

Oct 16, 2015 05:31pm

well done khattak shab .. you have moral courage

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Shiraz

Oct 16, 2015 05:41pm

In a province that needs so much work in social sectors, infrastructures, education, health, power generation how KPK government is so clueless where to spend, last year much of those development funds were not utilised.

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responsible

Oct 16, 2015 06:01pm

Now this is a real change. This FG do not want to make country prosper.

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Anarchist

Oct 16, 2015 06:02pm

@Shiraz Was this comment related to this piece? Also, KP government has clarified many times that its utilization rate was more than rest of the provinces.

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Saqib Ali

Oct 16, 2015 06:03pm

@Shiraz Throwing money at projects does not materialize into progress. I agree that KPK government has been slow to initiate projects but I rather prefer that they initially do it slowly in order to ensure transparency and proper utilization of the limited funds.

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abdullah

Oct 16, 2015 06:52pm

@Saqib Ali .They could have done kn education projects or on technical education projecta.No but thats not the priority. AND khattak sahab you cannot be trusted as you are from the same group of corrupt people who have joined pti.

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ali

Oct 16, 2015 06:54pm

Daniyal will say anything to please PM because he wants to become a minister on non merit basis.

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Observer

Oct 16, 2015 07:00pm

@Shiraz education acceleration was on top of all provinces in kpk last year. Similarly there has been alot of work done in other sectors as well. Please be updated.

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Salman

Oct 16, 2015 07:24pm

That's how you answer allegations. N-league needs to learn something from Khattak.

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Lucky Star

Oct 16, 2015 07:26pm

@Saqib Ali You rather prefer not to utilize money allocated for the much neede projects. What kind of logic is this? Incompetent elites from Achison college are in power in KP, and you blindly supporting them because you support dherna party.

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Shan

Oct 16, 2015 07:51pm

Nawaz Sharif should have developed KPK just like Punjab. Too bad he wasted the opportunity to form government.

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Lucky Star

Oct 16, 2015 10:42pm

@Shan He gave the opportunity to Great Khan , but this great Khan is too ambitious and he wants work only if he gets the entire Pakistan. This great khan thinks politics is a cricket game and he is kutan of the team against the Australian team.

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Aqil Khan

Oct 16, 2015 10:55pm

Mr Khattak ! Irony of the fact is that you an your government is now facing what you have been sowing from last 2.5 years(baseless allegations). Your incumbemnt government misled general public by leveling allegations of the same nature,same magnitude and without even a shadow of proof,so now,please face the music.

Recommend 0

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