Case Registered Over Alleged Financial Irregularities in Yellow Line BRT Project

The Anti-Corruption Establishment (ACE) has registered a case regarding alleged financial irregularities in the Yellow Line Bus Rapid Transit (BRT) project.

The case involves former Project Director Zameer Abbasi and Procurement Director Jhuman Das, who have been named in connection with the investigation.

Allegations Linked to Major Project Works

According to official details, the inquiry is related to the construction of the Jam Sadiq Bridge and two depot projects under the Yellow Line BRT scheme.

Authorities allege that large payments were made to contractors without securing proper bank guarantees, raising concerns about financial safeguards and project accountability.

Possible Financial Impact

The report suggests that contractors were paid approximately Rs. 8.5 billion without required guarantees, which may have exposed public funds to significant risk. Investigators estimate a potential loss of around Rs. 1.25 billion to the national exchequer.

ACE Action and Investigation

ACE officials stated that the case was registered after an inquiry committee found evidence of possible financial mismanagement and irregularities in the project.

The accused individuals have been booked under relevant sections of the Pakistan Penal Code and anti-corruption laws. Further investigation is ongoing to determine responsibility and extent of the alleged losses.