ISLAMABAD: A Senate panel on Friday announced that it had found serious procurement issues like collusive practices and conflicts of interest in multi-billion-rupee road projects being executed by the National Highway Authority (NHA) through foreign loans.

In a detailed report released by the Senate Secretariat, the Senate Standing Committee on Economic Affairs “uncovered significant concerns” regarding NXCC’s (one of the contractors) prior disqualification, arbitration conflicts, payment discrepancies, document manipulation, and collusive bidding practices.

The meeting presided over by Senator Saifullah Abro discussed serious allegations of irregularities, collusive practices, and potential corruption in the awarding of contracts for the Central Asia Regional Economic Cooperation (CAREC) Tranche-III corridor project by the NHA.

The panel chief said contracts were initially awarded based on auditor sheets without verifying the credentials of M/s Dynamic Constructors, M/s Rustam Associates, and M/s Ningxia Commun-ications Construction........

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