Pakistan, July 4 -- The Federal Investigation (FIA) has summoned 15 officers of the Capital Development Authority (CDA) in connection with a corruption case involving nearly Rs297 million. The FIA's Corporate Crime Circle issued a second notice on Friday, intensifying its ongoing investigation.

According to the official notification, the inquiry is registered under case number 49/2022 and is based on a Public Accounts Committee (PAC) audit. The report highlighted major financial losses to the national treasury due to illegal trade changes and improper application of conversion charges.

The FIA stated that these financial irregularities were carried out without approval from the CDA board, resulting in massive losses. The accused officia...