Loud Thinking March 09, 2015 at 03:49PM
An out of box solution to recover 10 years old overdue payment (which must be now equal to over 3 billion USD) from M/s Etisalat Telecom to the government of Pakistan on account of PTCL privatisation..!
Three govts fail since 2006 to recover outstanding $800 million from Etisalat Telecom which paid $1.799bn and withheld the remaining $799.3.4 million at the time of PTCL privatisation and make them part of the official record for the purpose of future transactions.
In this regards, the government of Pakistan is advised to immediately repeat immediately impose a ban on Etisalat/PTCL management, of any transfer of profits or repatriation of any sort of money out of Pakistan, till the ENTIRE overdue amount + interest accrued since 2006, is paid to the government of Pakistan or after the final decision of the Supreme Court of Pakistan.
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