Pakistan Today

Saad orders enquiry into railway land

Federal Minister for Railways Khawaja Saad Rafique has directed Pakistan Railways to form an inquiry committee which will investigate all related matters of Railways estate development and marketing company (Radamco) and it will present the report after sixty (60) days. More so the name of Managing Director RADEMCO, Rizwan Bhatti has been included on Exit Control List. According to the spokesperson of PR, the committee is being presided by financial advisor and chief accounting officer while other members of committee include chief marketing manager and DG operations, the Railways Ministry. Radamco was dealing with non core business of Pakistan Railways that includes, Development of lands, business of advertisements and hoardings, and matters relating to franchises. Radamco is a subsidiary of Pakistan Railways.

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