LAHORE:
The National Accountability Bureau (NAB) has decided that it would investigate the downfall of Pakistan
Steel Mills.
NAB issued a notification on Friday in which it said that it would investigate the reasons behind the downfall of Pakistan
Steel Mills and would place the name of those responsible on the Exit Control List (ECL). NAB also said that it would find out the causes for the loss of the nation’s money and would bring to light those responsible for it.
This development came after a letter wa
s written by National Assembly’s Standing Co
mmittee on Industries and Production Chairman Asad Umar to NAB Chairman Justice (r) Javed Iqbal on December 18 in which he inquired about the reasons behind Pakistan
Steel Mills’ downfall. Asad Umar also told NAB chairman that the public treasury had faced damages worth Rs 1.5 billion in a month leading to its employees not getting paid. He also asked NAB to take action against those responsible.
Earlier, the government ha
d announced that the employees of Pakistan
Steel Mills would be paid two-month salary in December.
