Pay Rs1bn to OLMT production agencies 1

Pay Rs1bn to OLMT production agencies

On Thursday, the Supreme Court directed the Lahore Development Authority (LDA) to pay a sum of Rs1 billion to production groups of the Orange Line Metro Train (OLMT) challenge, Express-News pronounced.

The bench headed with Chief Justice of Pakistan Mian Saqib Nisar remarked that charge of bills is vital for the construction groups, failing which the court shall impose a penalty at the development authority.

LDA official vows to serve public

During the listening to, LDA’s recommend argued that it becomes crucial to the degree the progress of the assignment earlier than any charge was made. The counsel representing the development organizations apprised the bench that the fee had already passed through a 22-month postpone. The suggestion introduced that ninety-seven in line with a cent of the mission has been finished.

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Justice Nisar commented that the apex court shall oversee the problem and direct the National Accountability Bureau (NAB) to not probe the matter unless the SC troubles directives.

The court ordered LDA to repay the construction agencies through the subsequent listening to and similarly directed creation companies to grant LDA Rs1 billion worth of bank guarantee.

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