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Finance Minister chairs meeting to review status of transfer of properties in name of Pakistan Telecommunication Company

Islamabad, March 03, 2014 (PPI-OT): Finance Minister Senator Mohammad Ishaq Dar chaired a meeting with senior officials of the Privatization Commission and Ministry of Finance to review the status of transfer of properties in the name of PTCL at the Finance Ministry.

The Minister was informed by Chairman Privatization Commission, Mr. Mohammad Zubair that out of 131 outstanding properties as on June 23, 2013, 68 properties have been transferred in favour of PTCL. Whereas, the transfer of the remaining properties is also in progress. He informed that the Commission is in contact with the provincial governments for early transfer of properties.

The Finance Minister, after detailed briefing, directed Privatization Commission to accelerate the process in order to deliver on the commitments of the Government of Pakistan for expeditious transfer of properties to PTCL. He emphasized that this will secure the release of outstanding payment from the management of PTCL.

Finance Secretary Dr. Waqar Masood, Secretary Privatization Mr. Amjad Ali Khan, Advisor to Finance Ministry, Rana Asad Amin and SA to FM, Mr. Shahid Mahmood also attended the meeting.

For more information, contact:
Privatisation Commission
5-A EAC Building Constitution Avenue,
Islamabad- Pakistan
Tel: +9251 920 5146 -47
Fax: +9251 920 3076
Email: info@privatisation.gov.pk

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