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FIA summons 15 CDA officers in Rs297 million corruption probe

The Federal Investigation Agency (FIA) has summoned 15 officers of the Capital Development Authority (CDA) in connection with a corruption case involving nearly Rs297 million. The FIA’s Corporate Crime Circle issued a second notice on Friday, intensifying its ongoing investigation.

According to the official notification, the inquiry is registered under case number 49/2022 and is based on a Public Accounts Committee (PAC) audit. The report highlighted major financial losses to the national treasury due to illegal trade changes and improper application of conversion charges.

The FIA stated that these financial irregularities were carried out without approval from the CDA board, resulting in massive losses. The accused officials are required to appear at the FIA office in Islamabad on July 8, 9, and 10 at 11:00 am.

Those summoned include senior officials such as member states, former directors, deputy directors, as well as accounts, administration, and junior staff. The FIA emphasized that failure to comply with the summons will result in strict legal action against those involved.

This corruption probe marks another chapter in the FIA’s broader crackdown on white-collar crime. Authorities say they are committed to holding public officials accountable and recovering public funds lost through illegal practices.

As the case progresses, more revelations may come to light. The FIA has assured that the investigation will be transparent and conducted according to law, with further action likely based on the findings.

Filed Under: Business, Pakistan Tagged With: Capital Development Authority (CDA), Federal Investigation Agency (FIA), FIA summons 15 CDA officers in Rs297 million corruption probe, FIA's Corporate Crime Circle, Latest

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