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NAB Chairman orders inquiry against K-Electric over load-shedding

MM News Staff by MM News Staff
July 16, 2020
Reading Time: 2 mins read
NAB Chairman orders inquiry against K-Electric over load-shedding

NAB Chairman orders inquiry against K-Electric over load-shedding

ISLAMABAD: National Accountability Bureau (NAB) Chairman Javed Iqbal has ordered an inquiry against the K-Electric over unannounced load-shedding, and overbilling.
According to a statement issued by the accountability bureau, “The Chairman has taken the notice of media reports and public protests against overbilling and prolonged power outages in Karachi.”
The statement further stated that K-Electric is also accused of allegedly not complying fully with an agreement it had reached with the government. According to the agreement, the power supply company was supposed to make the investment for developing the electricity supply system on modern lines.
In this regard, Javed Iqbal directed NAB Karachi to obtain a copy of the agreement entered into by KE, details of the investment done by it, and other relevant documents.
Javed Iqbal said, “NAB being a national institution believes in performing its duty as per the law and it will not allow the KE to seize billions from the citizens in alleged over-billing and violate the agreement.”
The statement also said, “The NAB chairman has directed to complete the inquiry against the K-Electric within three months so that the ones looting the public can be brought to book.”
Residents of Karachi are frequent witnessing unannounced power outages that have added to the misery of soaring temperatures and the coronavirus outbreak. Earlier, K-Electric Chief Executive Officer (CEO) Moonis Alvi has apologised to the people of Karachi over prolonged power outages in the metropolis.
He said, “The reason for the load-shedding is the high demand of 3,560 megawatts (MW) and KE is generating 3,200 MWs.”   
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