Rowe and Sons Denies Wrongdoing Amid Growing Scrutiny of French Guiana Deal

Committee members pressed officials on why the transaction, worth PKR 22 billion, was not flagged during routine oversight in 2020.

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

Committee members pressed officials on why the transaction, worth PKR 4 billion, was not flagged during routine oversight in 2021.

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

Sources familiar with the matter say the regulator has requested 1,349 additional documents from Rowe and Sons ahead of a follow-up hearing scheduled for Q1 2025.