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NAB arrests ex-PEPCO MD on corruption charges

NAB arrests ex-PEPCO MD on corruption charges

ISLAMABAD: The National Accountability Bureau-Rawalpindi has arrested accused Rasool Khan Mahsood, former managing director of the Pakistan Electric Power Company (PEPCO), for alleged corruption and misuse of authority in the award of RPPS Contract to Karkey Karadeniz Elektrik Uretim.

Former PEPCO MD Rasool Khan Mahsood, allegedly in connivance and collaboration with Karkay and others, gave undue favour and benefits to Karkay despite its failure to pass the Reliability Run Test, causing a loss to the national exchequer.