ISLAMABAD: On January 12, the Supreme Court was provided with an update on Mohmand and Diamer-Bhasha dams’ construction. They were informed about the year-long delay. Other factors that contributed to this included the recent super floods and Covid-19.
The dam fund established by former chief justice Saqib Nisar in 2018 has grown to Rs16.35 billion. The five-judge bench led by Chief Justice of Pakistan (CJP) Umar Ata Bandial has been informed that this amount will rise to Rs16.98 billion in a few months.
Where are the funds?
An NBP representative from Karachi assured the apex court that not a single penny has ever been withdrawn out of the money. The funds have never been used for government securities or to cover any expense under this heading.
The recent hearing:
During the hearing, the Wapda chairman’s attorney, Saad Rasool, informed the court that the projects were being delayed because several overseas specialists had to return home because of the pandemic. The availability of financial resources to fund the projects was one of the main worries, he continued.
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