• About
  • Advertise
  • Privacy & Policy
  • Contact
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Business

Finance Minister Aurangzeb assures transparency in FBR vehicle procurement

by Sub News
January 24, 2025
Finance Minister Aurangzeb assures transparency in FBR vehicle procurement
Share on WhatAppShare on XShare on Facebook

Islamabad, January 24, 2025: Finance Minister Muhammad Aurangzeb has assured that transparency will be upheld in the procurement of 1,010 vehicles for the Federal Board of Revenue (FBR), following concerns raised by the Senate Standing Committee on Finance and Revenue. The committee had urged the government to reconsider the acquisition, citing doubts about the integrity of the process.

Addressing a letter from Senate Standing Committee Chairman Senator Saleem Mandviwalla, the finance minister defended the procurement, stating that vehicles were essential for FBR officials to effectively perform their field duties and enhance tax collection efforts. “Procuring vehicles for the FBR officials is an important requirement… They cannot just sit in offices and continue their work,” Aurangzeb remarked.

Senator Mandviwalla’s letter, dated January 22, highlighted apprehensions regarding the timing and scale of the Rs6 billion procurement, raising concerns about potential mismanagement and a lack of transparency. The letter also pointed to alleged deliberate exclusion of competitors in the bidding process, suggesting possible mala fide intent.

The procurement process began with a letter of intent issued on January 13. The Rs6 billion acquisition is divided into two phases. The first phase, which involves the delivery of 500 vehicles, has already seen an advance payment of Rs3 billion. The schedule for deliveries includes 75 vehicles in January, 200 in February, and 225 in March. The remaining 510 vehicles are set for delivery in April and May.

In light of the concerns, Senator Mandviwalla requested the cancellation of the purchase order issued to the Accountant General Pakistan Revenues (AGPR) and a halt on further payments.

In his response, Finance Minister Aurangzeb assured that no company would face discrimination in the procurement process, emphasizing that all vehicle suppliers involved were based in Pakistan. He reiterated the government’s commitment to transparency and fairness in handling the acquisition, ensuring that the concerns raised would be addressed.

The procurement, which has drawn criticism for its timing and perceived lack of transparency, continues to be a focal point for debate on government procurement policies and fiscal priorities.Top of Form

Tags: AGPRFBRFederal Board of RevenueFinance MinisterIslamabadMuhammad AurangzebPakistanSaleem MadviwalaSenate standing committee on Finance and Revenuevehicle procurement
Previous Post

Azerbaijani Defence Industry Minister meets PM Shehbaz Sharif

Next Post

Pakistan bank on spin to secure series sweep against West Indies

Related Posts

DG Khan airport to handle A320/A321 operations after airside upgrade
Business

DG Khan airport to handle A320/A321 operations after airside upgrade

Karachi, September 9, 2026: Dera Ghazi Khan Airport is expected to become capable of handling Airbus A320 and A321 operations...

by Sub News
September 9, 2026
ICCI hosts ASEAN Day, urges stronger trade and investment ties with Pakistan
Business

ICCI hosts ASEAN Day, urges stronger trade and investment ties with Pakistan

Islamabad, September 8, 2026: The Islamabad Chamber of Commerce and Industry (ICCI) hosted an ASEAN Day celebration on Tuesday, bringing...

by Sub News
September 8, 2026
Senate panel seeks fresh CCI review of power distribution privatisation, demands implementation of devolution
Business

Senate panel seeks fresh CCI review of power distribution privatisation, demands implementation of devolution

Islamabad, September 8, 2026: The Senate Sub-Committee on Devolution has called for a fresh review by the Council of Common...

by Sub News
September 8, 2026
Gilani inaugurates Founders’ Wall at Islamabad Stock Exchange Towers
Business

Gilani inaugurates Founders’ Wall at Islamabad Stock Exchange Towers

Islamabad, September 7, 2026: Acting President Syed Yousuf Raza Gilani on Monday inaugurated the Founders’ Wall at Islamabad Stock Exchange...

by Sub News
September 7, 2026
Next Post
Pakistan bank on spin to secure series sweep against West Indies

Pakistan bank on spin to secure series sweep against West Indies

Breaking News

  • Iran attacks US-linked base in Jordan, 10 ships in Strait of Hormuz
  • Pakistan cricket problems too deep for one person to fix: Wasim Akram
  • Pakistan hand three players Test debut caps against England
  • England pace attack leaves Pakistan reeling in third Test
  • Global Youth Impact Summit concludes in Portugal with Porto Youth Declaration
Sub News

© 2026 subnewsenglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2026 subnewsenglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.