ISLAMABAD: The Federal Investigation Agency (FIA) has initiated a probe into supplies of new and old tyres of aircraft belonging to the national flag-carrier Pakistan International Airlines (PIA), ARY News reported on Saturday.

The intelligence agency commenced thorough investigation against non-recovery of tyres despite advance payments worth millions made by the PIA administration.

It is noteworthy to mention here that a foreign aero company was given an order for the provision of new and old tyres for PIA planes.

However, the company has failed to comply with the order despite payment of $200,000 US dollars.

Moreover, the company’s owner Raja Masood also presented a permission letter of the foreign company before the PIA management.

Read More: FIA summons ex-board of directors in PIA Premier Service case

FIA issued notices to the owner of the foreign company which claimed itself a distributor of a foreign company Gadair.

On January 7, the Federal Investigation Agency (FIA) had initiated a probe into alleged corruption in the Pakistan International Airlines (PIA) in the wake of the Supreme Court’s order.

As per details, a 7-member investigation team of the FIA has started probing into alleged corruption in the national flag carrier, in the light of 10 years’ audit report, compiled by the government’s auditors.

The seven-member committee comprises Assistant Directors, Inspectors and the Sub-Inspectors, has been provided an office in the PIA, for the purpose of the probe.

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According to the audit report of the last 10 years, the national entity had suffered the losses of Rs360 billion since 2008. PIA incurred the losses of Rs28 billion in 2001, Rs36 billion in 2008, Rs45 billion in 2016, and 44 billion in 2017.

The 88 per cent of the losses were caused during the past ten years because of higher expenditures than the PIA’s income. The recruitment in PIA had been made on political basis over the last 10 years, the report say.

After going through the audit report, the chief justice had said the losses caused by PIA to the national exchequer stood at Rs73 billion in 2008 but soared to Rs360 billion within a decade.

The court was further informed that there were seven unions of PIA employees having affiliation with different political parties.

The post FIA initiates investigation into supplies of aircraft’s tyres to PIA appeared first on ARYNEWS.

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