China & Pak to monitor CPEC projects for corruption

pak 24india news

Pakistan and China have decided that their anti-corruption organisations will jointly monitor the $46 billion China-Pakistan Economic Corridor (CPEC) and its related projects to ensure transparency and avoid chances of corruption.

Both countries will soon sign a memorandum of understanding (MoU) for anti-corruption cooperation and the National Accountability Bureau (NAB) Chairman, Qamar Zaman Chaudhry, will fly to China this month to sign the document.

Almost all road projects of the CPEC are being executed by the National Highway Authority (NHA) and concerns have been raised that in several such projects alleged irregularities and discrepancies have been committed.

Recently, the NAB chairman visited China to attend a UN convention on corruption, organised by the International Association of Anti-Corruption Authorities, and met Professor Cao Jianming, Prosecutor General of China, on the sidelines of the convention.

The NAB chairman called for transparency in national projects, strong political will and electing honest public representatives to diminish chances of corruption.

“Corruption in government funds spending has a negative impact on development programmes and results in the perpetual increase in the cost of production of any development project and its maintenance,” he said.

The seminar was organised by NAB in collaboration with the NHA at the authority’s auditorium.

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