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Enquiry Committee To Investigate All Related Matters of Radamco

Islamabad, August 12, 2013 (PPI-OT): Federal Minister for Railways, Khawaja Saad Rafique has directed Pakistan Railways to constitute an enquiry committee to investigate all related matters of Railways Estate development and marketing company (Radamco) and present a report after sixty (60) days. Moreover, the name of Managing Director RADEMCO, Rizwan Bhatti has been included in the Exit Control List.

According to the spokesperson of Pakistan Railways, The enquiry committee is being headed by Financial Advisor and Chief Accounting Officer while other members of committee include Chief Marketing Manager and D.G Operations, Ministry of Railways.

Radamco was dealing with non-core business of Pakistan Railways that includes, Development of lands, business of advertisements and Hoardings, and matters relating franchises. Radamco is a subsidiary of Pakistan Railways.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326
Email: piopid@gmail.com

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