Investigations into the Minority Finance Corporation scam are almost complete. The committee formed under the supervision of Joint Secretary Minority Welfare is likely to submit its report to the government within one week. Joint Secretary Parveen Baig and committee convenor M A Ghafoor are said to have collected the evidences in this connection and the work of statement recording is complete. It is likely that the report will be submitted to principal secretary Minority Welfare I Rani Kumudini within a week who will in turn handover the report to chief secretary with recommendations.
It must be recalled that following the exposure of a fraud worth Rs. 55.47 crore in Minority Finance Corporation the government handed over the investigations to CBCID. Two sub committees were formed to probe into the matter.
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