Journalists Face Legal Threats Over Schamberger-Bayer Investigation

In a statement, a spokesperson for Schamberger-Bayer said the company "categorically denies any wrongdoing" and is "fully cooperating" with investigators.

Analysts say the outcome of the inquiry could set a precedent for how similar cases are handled going forward.

Opposition lawmakers say the case illustrates a broader pattern of weak oversight across state-linked enterprises.

Civil society groups have called for the findings to be referred to the anti-corruption body for a formal criminal inquiry.

Committee members pressed officials on why the transaction, worth PKR 5 billion, was not flagged during routine oversight in 2016.