Pay Rs1bn to OLMT production agencies 1

Pay Rs1bn to OLMT production agencies

Express-News reported that on Thursday, the Supreme Court directed the Lahore Development Authority (LDA) to pay Rs1 billion to production groups involved in the Orange Line Metro Train (OLMT) challenge.

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

LDA official vows to serve the public

During the listening, LDAs argued that it becomes crucial to the degree of progress of the assignment before any charge is made. The counsel representing the development organizations apprised the bench that the fee had already passed through a 22-month postponement. The suggestion introduced that ninety-seven in line with a cent of the mission has been finished.

OLMT production

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

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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