Pak Army Chief responds to claims that Nawaz, Shehbaz govts siphoned off $9 bn of Chinese investments

 

by IANS |

New Delhi, June 1 (IANS) A controversy has broken out over claims that Pakistan Army chief General Qamar Javed Bajwa told a journalist that $9 billion out of total $19 billion initial Chinese investment into the CPEC projects was siphoned off by the-then PMLN government and others.

A claim to this respect, made by an anchor of ARY in his talk show, surprised many. Different media persons raised questions through the social media on the authenticity of this claim and sought response from the ISPR DG, The News reported.

The News also contacted the defence sources and one of them who is close to the army chief, while quoting General Bajwa, said, "Rubbish, totally rubbish."

The ARY anchor had claimed in a recent show that General Bajwa had told him in the presence of two others that $9 billion was stolen out of total initial Chinese investment of $19 billion under CPEC during the PMLN government at the Centre and in Pak Punjab. He further said that he had asked the army chief then why no action has been initiated against those responsible.

The army chief, the ARY anchor claimed, told him that Chinese had the evidence of this but they were shy to share the details in public. The anchor claimed that if anyone dares to contradict him, then he would respond.

The News shared the video clip of the anchor's claim with a defence source close to the army chief. General Bajwa, the source said, responded to the ARY's claim by saying, "Rubbish, totally rubbish."

The video of the ARY's claim became viral and some journalists took it up on the social media. Senior journalist Chaudhry, the ARY anchor, said that COAS Gen Bajwa told him that Nawaz/Shehbaz governments siphoned off 9 billion dollars of CPEC money during the last tenure. Solangi tagged the Pemra's and DGISPR Twitter handle in the tweet and asked, "How can some anchors make such outlandish allegations? Any idea how big of an amount 9 billion dollars is?"

Latest News
Rs 3 crore crypto fraud: ED raids 9 properties in Chandigarh, Haryana; freezes accounts Tue, Dec 30, 2025, 05:02 PM
CM Nitish Kumar inspects Dr APJ Abdul Kalam Science City in Patna Tue, Dec 30, 2025, 04:45 PM
Private equity investments in Indian real estate up 59 pc to $6.7 billion in 2025 Tue, Dec 30, 2025, 04:41 PM
Idris Elba to be knighted in U.K.'s New Year honours Tue, Dec 30, 2025, 04:40 PM
Bangladesh envoy to India meets interim government advisors in Dhaka Tue, Dec 30, 2025, 04:36 PM