20-year audit of KPT, Port Qasim land allotment will be conducted, says minister

Published December 2, 2018
Organisers present a donation cheque of Rs10 million for dams fund to Federal Minister Syed Ali Haider Zaidi. —APP
Organisers present a donation cheque of Rs10 million for dams fund to Federal Minister Syed Ali Haider Zaidi. —APP

Federal Minister for Ports and Shipping Ali Zaidi on Sunday announced that a 20-year audit of the allotment of land of Karachi Port Trust (KPT) and Port Qasim would be conducted.

The minister said that it wasn't possible to fix Karachi without mending the affairs of KPT first, therefore he was conducting an audit of the organisation.

Talking to media persons after a conference of World Federation of Khoja community, the minister said, "70 years' mess could not be cleaned in 100 days."

Zaidi told the business community that steps were being taken to improve the environment for doing business in the country.

Moreover, the federation presented a cheque worth Rs.10 million for the dams fund.

In September, an accountability court had issued non-bailable arrest warrants for Muttahida Qaumi Move­ment leader Babar Ghauri in a reference pertaining to Rs2.8 billion corruption in the KPT.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Words that wound
Updated 18 Jun, 2026

Words that wound

Hate speech rarely begins with physical attacks.
‘New urban province’
18 Jun, 2026

‘New urban province’

CONSIDERING the advance state of urban decay that affects Karachi, voices are often raised calling for the megacity,...
Punjab budget: mixed bag
18 Jun, 2026

Punjab budget: mixed bag

PUNJAB’S budget for FY27 is a mix of good and bad political choices, with a cash-strapped centre tightening the...
Spoiler alert
17 Jun, 2026

Spoiler alert

AFTER the temporary peace deal between the US and Iran is physically signed in Geneva on Friday, an arduous process...
Storm-tested cities
17 Jun, 2026

Storm-tested cities

THE deaths caused by the latest spell of monsoon rains in KP and Punjab illustrate how quickly severe weather can...
Chakwal tragedy
17 Jun, 2026

Chakwal tragedy

A NINE-year-old girl is dead because a Punjab Crime Control Department gunman mistook her family’s car for a...