Loss Of Trillions? NAB Exposes Massive Losses in KP Placer Gold Mining Deals

Loss Of Trillions? NAB Exposes Massive Losses in KP Placer Gold Mining Deals

The National Accountability Bureau (NAB) has raised serious concerns about irregularities in placer gold mining projects in Khyber Pakhtunkhwa. According to NAB’s findings, the province may have suffered losses worth trillions of rupees because of faulty auction processes and unlawful practices in the mining sector. The Bureau pointed out that the minimum auction prices for gold blocks located along the Indus and Kabul rivers were intentionally …

Does the Gold Blocks Scandal Prove PTI’s Inability to Govern KP? – Pashto News and Current Affairs Channel

Peshawar: The Khyber Pakhtunkhwa (KP) government has ordered an inquiry into massive irregularities worth trillions of rupees in the auction of placer gold blocks along the banks of the Kabul and Indus rivers. The decision was taken during a cabinet meeting chaired by Chief Minister Ali Amin Gandapur after revelations of large-scale corruption in the gold mining process. An inquiry committee has been formed under the Adviser to the Chief Ministe…