LAHORE - The Transparency International observed here on Sunday there was an annual corruption of Rs2,000b in the Federal Board of Revenue, while during the past ten years a sum of Rs1,000 billion was embezzled in the independent power projects.

Talking to The Nation in connection with World Anti Corruption Day, TI country head, Adil Gillani, said poverty and inflation could be ended in Pakistan by bringing back this embezzled money.

He also observed that anti-graft institutions were protecting corruption and the corrupt. Performance of National Accountability Bureau, Federal Investigation Agency and Anti Corruption Establishment was zero, he added.

The TI official further said there was no accountability of power and petroleum projects in the past ten years. 

About new government’s performance, Gillani said the ruling Pakistan Muslim League-Nawaz had not initiated any major project so far, so there was not any noticeable corruption on part of the incumbent government.

He said tenders were awarded against single bid in the LNG project in violation of the PPRA rules and that was pointed out to the Supreme Court.

About the Punjab government, the TI official said, “We examined the record of metro bus project; out of a total of 27 tenders 25 were issued in accordance with the PPRA rules so no corruption was found.”

The project was worth Rs30 billion and it was completed within nine months, as decided.