Shipping Corporation swindle exposed by COPE!

An agreement had been signed by the Shipping Corporation to supply Rs. 539 million worth of coal to the CEB but by March 2017 they had failed to supply the said stock of coal, it was exposed by the COPE Committee.

The COPE Committee report pertaining to 13 institutions that were
subjected to investigations, which was presented to parliament recently, highlighted this issue, it is reported.

It is revealed that 37,531 metric tons of coal has not been supplied so far. The committee appointed to investigate this issue had determined that based on the undelivered coal, the Shipping Corporation has to pay the CEB Rs. 539 million for undelivered coal.

It was also revealed that while it had been recommended that the Shipping Corporation should supply another 20 shipments of coal, this recommendation had not been implemented.


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