ISLAMABAD, May 8: The National Accountability Bureau on Tuesday claimed that it had recovered another Rs300 million in the Rental Power Projects (RPPs) scam.

“The bureau has received Rs300 million in the shape of pay orders from two companies in this case,” NAB spokesperson Ayesha Siddiqa said.

She said that senior officials of RPPs and those from Genco, Pepco and Nepra remained busy on Tuesday under the supervision of NAB’s investigation team in the reconciliation process.

“Resultantly, two of the companies have deposited Rs300 million while two others have promised to deposit Rs500 million each by Wednesday,” she said.

It has been learnt that NAB had so far recovered Rs1.125 billion in the case as it reportedly collected Rs825million by the end of April.

The NAB had served notices on owners and chief executives of all the RPPs to pay Rs22 billion they had received from the government as mobilisation advance for setting up of RPPs.

However, most RPPs did not start the initial work even after receiving the money and those who had installed their plants committed inordinate delay and did not meet the schedule time.

The Supreme Court in its recent verdict declared RPPs ‘non transparent’ and directed NAB to recover the money from owners of these companies with interest for a period in which they had kept the money with them.

However, there are reports that some of the owners and chief executives of the RPPs had gone underground or escaped abroad and they had deposited their money in offshore banks.

The NAB has already put names of four former federal ministers, including Raja Pervaiz Ashraf of PPP, four federal secretaries, owners and chief executives of RPPs and some other bureaucrats on the Exit Control List.

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