$500m kickbacks feared in PIA 777 deal

ISLAMABAD: The controversial US$1.5 billion (Rs140 billion) PIA-Boeing deal has now become scandalous with the Transparency International Pakistan (TIP) smelling possible kickbacks of US$500 million (almost Rs46 billion) and the Public Procurement Regulatory Authority (PPRA) confirming that the PIA has gone for the purchase of five Boeing ER 777-300 without floating any tenders.Following The News (a local newspaper) report on the controversial deal as published on Thursday; the National Accounta... more

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