KARACHI – Green Line bus rapid transit system in the country’s financial hub has virtually come to a halt as expensive equipment for the construction of at least 22 bus stations is either stolen or destroyed.
Reports in Pakistani media cited that power cables, motors, aluminum sheets, chairs, and elevators have been stolen or damaged as the project remained stalled for one reason or the other, including political ones.
Green Line Bus Project Construction Materials Stolen and Destroyed
— Developing Pakistan (@developingpak) June 20, 2021
Karachi's Green Line project built at a cost of billions of rupees is being destroyed. Theft of electronic equipment ordered for the construction of Green Line bus stations has been revealed. pic.twitter.com/FLhKzklKPh
It’s been almost half a decade as Karachiites are still waiting to see the first metro bus in the country’s largest city. During these long years, the residents suffered a great deal due to the dug-up along the 26km stretch of the bus route making the commute difficult and lengthy besides loss of business in consequence of the construction work and dust-filled atmosphere but all of the anguish seemed to go in vain as still there’s no chance for the completion of this project by September this year.
Besides the poor infrastructure, the much-awaited project seems to be surrounded by other troubles as a European giant offering its technological support for the project is knocking at the doors of the country’s anti-graft.
Spain-based GRUPSA highlighted that one of the Pakistani contractors of the federal government-funded project has fraudulently dented billions of rupees to the national exchequer in its name, badly damaging its repute and professional standing.
In a complaint, it maintained that its repute was at stake as the government of Pakistan was being charged more than two and a half million euros for the services in the name of the Spanish company.
The company’s letter to federal investigators requested that the matter be investigated immediately and the culprits are proceeding against in accordance with law for this electronic forgery, unauthorized use of identity, electronic fraud, corruption, and embezzlement. The public money should be recovered at the earliest, it said.
The federal-funded project was inaugurated by ousted Prime Minister Nawaz Sharif with the initial cost of Rs16.85 billion. Later, the project was extended by another 10 kilometers as initially sought by the Sindh government and the estimated cost crossed the figure of Rs24bn.
Karachi’s Green Line BRT project includes 12.7 km elevated while 10.9 km at grade, and 422 meters underground, and has 25 stations.
Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.09 | 748.09 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.44 | 38.84 |
Danish Krone | DKK | 39.69 | 40.09 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.64 | 911.64 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.31 | 25.61 |
Omani Riyal | OMR | 722.87 | 730.87 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.08 | 307.58 |
Thai Bhat | THB | 7.56 | 7.71 |
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