Avoiding the audit

This letter refers to the news report 'Terminate PPAs or face the music, 5 IPP owners told' (September 23, 2024). The report states that the owners of four IPPs “have been told that they have no option but to terminate their agreements, otherwise forensic audit of their plants would kick start and recover excessive profits they made in the past through wrongdoings and initiate the proceedings against them”.

One wonders why there is such a serious attempt to avoid the audit and to end the matter speedily?

SRH Hashmi

Karachi