ISLAMABAD, Jan. 1 -- The Public Accounts Committee (PAC) in its second meeting on Monday constituted a sub-committee to probe the alleged irregularities carried out in three mega projects, including the New Islamabad International Airport (IIA), Grand Hayat Hotel Islamabad and Royal Palm Golf and Country Club.

PAC Chairman and Opposition Leader in National Assembly Shehbaz Sharif said that the sub-committee would investigate the alleged irregularities and submit details to the PAC for further directions.

The auditor general of Pakistan told the committee that the New Islamabad International Airport project was initiated in 2008 with an initial cost of Rs 37 billion with 30 months completion period. However, the project was completed in ...