Pakistan Peoples Party Official

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PPP against privatization of profit making entities

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Islamabad, 17 March 2017: Loot sale of national assets is continued in the garb of privatization in the country under Nawaz government.

This was said by Pakistan Peoples Party secretary information Chaudhry Manzoor Ahmed in a statement issued by the Media Office PPP Islamabad.

Chaudhry Manzoor Ahmed said that corruption of billions is being done by the sale of Karachi, Islamabad and Lahore airports as Sharif family is buying these assets through their front man Shujaat Azim. He said that land of about 31 thousand acres of Karachi airport, 1400 acres of Lahore airport and 3500 acres of Islamabad airport are worth over 4000 billion rupees which the Sharif family is about to gulp. There is no justification of privatizing Civil Aviation Authority which annually earns over 70 billion rupees. Government has planned to privatize 36 profit making entities which Sharif family will buy, he claimed.

PPP information secretary said that it is ironic that despite this loot sale of assets there is no suo-moto notice as NAB has proved to be loyal to Sharifs and their political tool. Whenever Nawaz Sharif comes to power, he first destroys profit making entities and then buys them through their front man on throw away prices. Government is responsible for the loss of planes hired by PIA but unfortunately PIA will be punished for the loss, Chaudhry Manzoor concluded. 

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