NAB Launches Inquiry into Billions Lost in Sindh Solar Project, raising concerns over misappropriation of funds and possible corruption. The National Accountability Bureau (NAB) has taken notice of the Sindh Solar Energy Project (SSEP) corruption case and begun an official investigation. Authorities believe billions of rupees of corruption may have occurred due to procurement irregularities and mismanagement of solar energy units.
NAB has sent formal letters to Sindh Chief Secretary Asif Hyder and the Principal Secretary to the Chief Minister of Sindh. The bureau has instructed the provincial Anti-Corruption Establishment (ACE) to halt any parallel proceedings. This step ensures NAB retains full jurisdiction over the inquiry, which focuses on embezzlement in energy projects.
A key issue involves the procurement of equipment. Some fans were reportedly purchased locally but documented as imported, suggesting potential fraud. The SSEP includes around 200,000 solar units funded partly by a $100 million World Bank loan. Experts warn that irregularities in such large-scale renewable energy projects can undermine Pakistan’s energy sector accountability and public trust.
The Department of Energy Sindh oversees the project, which aims to expand solar energy use in the province. NAB’s investigation will examine financial records, contracts, and project execution to identify those responsible. Allegations of billions of rupees of corruption highlight the need for transparent governance in future energy projects.
Public reaction has been mixed, with opposition parties criticizing the provincial administration. Meanwhile, NAB’s inquiry sends a strong signal about enforcing accountability in Pakistan’s energy sector. The outcome may affect ongoing and future solar initiatives, emphasizing proper fund management and oversight.
In conclusion, NAB’s inquiry into the Sindh Solar Project represents a critical step toward transparency. The investigation could prevent further misappropriation of funds and strengthen confidence in renewable energy projects.
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NAB launches inquiry into billions lost in Sindh Solar Project, probing SSEP corruption case and procurement irregularities.
