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 ISLAMABAD:Pakistan Electric Power Company (Private) Limited (Pepco) has initiated an inquiry into the conduct of Islamabad Electric Supply Company (Iesco) officials who are allegedly involved in embezzlement of Rs350 million by making excessive payments to contractors in two dozen contracts.Auditors had held responsible Iesco Project Director Chaudhry S adidas original houkat Ali along with five other officials for the scam. They all were electrical engineers, but they dealt with civil works and caused a heavy loss to the company by providing benefit to the contractors.A senior government official told The Express Tribune that Pepco had taken notic adidas spezial negras e of the embezzlement in Iesco and initiated an inquiry.The public power utility had suffered a loss of Rs128 million because of installation of poor quality pipes along the route of Metro bus project. The company recorded a loss of Rs222 million in 23 other contracts in which the project director allegedly showed favour to the c air force one ontractors who used poor quali