Tuesday 3 April 2012

Fraud in Highway Projects: World Bank Report

The highway projects in India came under scanner after the World Bank indicated fraudulent practices of over Rs 70 crore and corruption in the projects funded by the bank.

The bank also alleged that the private contractors had paid bribes, gifts including gold coins to influence officials and consultants of the National Authority of India (NHAI).

In its report dated on March 1, 2012, the bank pointed three projects under the scanner - Lucknow-Muzaffarpur National Highway project, the Third National Highway Project and the Grand Trunk Road Improvement Project.

Following the report, the finance ministry has sent a copy of the report to the Ministry of Road Transport and Highways and asked it to take strong action.

National Highways Authority of India (NHAI) is the apex body of the government for implementing the National Highways Development Project (NHDP).

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