TIP calls for action against NBP claiming admission of corruption

Pakistan Today

ISLAMABAD: The Transparency International Pakistan (TIP) has asked Finance Minister Shaukat Tarin to take action against the National Bank of Pakistan (NBP) for the violation of PPRA rules in awarding a Rs26 billion contract of scanning and indexing documents to a single bidder.

According to details, the anti-corruption watchdog has written another letter to the finance minister informing him of proof of misconduct on the bank’s part in light of a clarification letter sent to it by the bank.

The bank’s letter states that the bid opening date was July 2, 2019, whereas it was posted on November 27, 2018, at 11.39 am on PPRA’s website.

TIP remarked that NBP tried to shift the tender opening date by seven months to justify the delay of 19 months. It said that according to PEC standard bidding documents, which are mandatory, the 120 or 180 days period of bid security by banks starts from the date of opening.

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