FF underbidding to be probed

Published April 22, 2005

ISLAMABAD, April 21: The government has ordered an inquiry against the management of Fauji Foundation for underselling a sugar mill to a business enterprise, which did not even participate in the bidding process. Revealing the details in the National Assembly in response to a question by MNA Shamim Akhtar on Thursday, Parliamentary Secretary for Defence Tanvir Hussain said Khoski Sugar Mill was sold at Rs300 million to an enterprise against the highest received bid of Rs387 million.

He said the transaction took place during the tenure of the incumbent Chairman Fauji Foundation, Lt Gen (retd) Amjad Hussain.

MNA Tanvir said the ministry had ordered an inquiry into the matter to fix specific persons, who violated the financial procedures to benefit a firm at the cost of welfare of soldiers.

In reply to another question by MNA Shamim Akhtar, the defence ministry told the house that the managing director of Fauji Foundation was drawing a salary of Rs231,625 per month.

DHAs: In reply to a question by MNA Laeeque Khan, the defence ministry informed the house that the armed forces had developed housing societies on thousands of kanals of state land in Sindh, Punjab and the federal area.

The reply given by the defence ministry showed that the defence forces had no housing scheme in NWFP or Balochistan.

— Staff Reporer

Opinion

Editorial

Iran endgame
Updated 03 Mar, 2026

Iran endgame

AS hostilities continue following the Israeli-American joint aggression against Iran, there seems to be no visible...
Water concerns
03 Mar, 2026

Water concerns

RECENT reports that India plans to invest $60bn in increasing its water storage capacity on the Jhelum and Chenab...
Down and out
03 Mar, 2026

Down and out

ANOTHER Twenty20 World Cup, another ignominious exit — although this time Pakistan did advance past the first...
Khamenei’s killing
Updated 02 Mar, 2026

Khamenei’s killing

THERE is no question about it: with the brutal assassination of Iran’s Supreme Leader Ayatollah Ali Khamenei and...
NFC reform
02 Mar, 2026

NFC reform

PLANNING Minister Ahsan Iqbal’s call for forward-looking reforms in the NFC Award has reopened an important debate...
Migrant crisis
02 Mar, 2026

Migrant crisis

MIGRANT casualties represent the lifelong pain of families left behind. Yet countries do little to preserve ...