Discount or corruption in disguise..?
Posted by Syed Nayyar Uddin on November 8, 2014 in Action Plan to Revive Pak Economy, Corruption, My Views, Pak Loan Write-off, Pakistan, World Bank Affairs |
What else is corruption Mian Nawaz Sharif Sahab?
He (Mr. Zubair) said that the delay caused by a stay order granted by the Peshawar High Court on the petition of Pakistan Tehreek-e-Insaf led provincial government and the sudden fall in oil prices in the international market reduced the government’s earnings.
Mr. Prime Minister, if the above statement of Mr. Zubair (MOS and Chairman Privatisation Commission of Pakistan) is true then it looks all the more unwise decision that the government has given a 6% discount on the previous day trading of the OGDCL shares at the Karachi Stock Exchange.
The discount would alone cause about Rs5 billion losses on last day’s trading.
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