LAHORE - Punjab Chief Minister Shahbaz Sharif has said that waiving of loans worth billions of rupees on political considerations tantamount to looting of national resources and usurping the rights of the people, and nothing could be more cruel or unfair than such acts to the nation. Talking to mediamen during his more than three hours long inspection of various ongoing development projects in the provincial metropolis on Sunday, the CM said that loans worth 60 billion rupees were written off on political basis during Musharraf era. While making an appeal to the Prime Minister and the Chief Justice of Pakistan to arrange recovery of the looted amount along with fine from the plunderers, Shahbaz said he was thinking of filing a petition in the court with the consultation of PML-N Quaid Nawaz Sharif and the party for recovery of the loans waived on political grounds. He said all resources were being utilised for the welfare of the masses, and development projects worth billions of rupees were being executed expeditiously in the province. The CM inspected in detail Shalimar Interchange, GT Road-Ring Road Package-9, horticulture work on GT Road up to Wahga Border, Harbanspura Package-10 and Ring Road Package-7 near Airport. He said loans of Rs100 billion were written off during the last two decades. He said writing off the loans on commercial basis was a different issue but waiving of loans on political basis was a robbery. He said had such heavy loans not been written off Pakistan would not have to depend on others for assistance. He said the poor masses had the right over the national resources and had these funds been utilised on providing basic facilities to the people of far-flung and backward areas, the situation in these areas would have been much better. He said had loans of Rs100 billion, the hard-earned money of the people not been written off, Pakistan would not have needed financial assistance under Kerry-Lugar Bill. According to him, it is due to the same loot and plunder of national resources that development projects throughout the country remained pending and people were running from pillar to post for basic necessities. He said the Bank of Punjab was robbed of nine billion rupees and PCO Judge Bilal Khan not only stopped Punjab government from arresting Hamesh Khan but also manoeuvred his escape. He said: It is a matter of satisfaction that the judiciary is free and independent today and people are reaping its benefits. He said it was due to an independent judiciary that the owners of Haris Steel Mills who had escaped from the country after looting national resources have been brought to justice and it was like a breath of fresh air for the country. He said that PCO judges wanted to restore the assets of Haris Steel Mills but we raised this issue and the PCO judges could not do so. The Chief Minister further said that solid measures were being taken for the provision of basic amenities to the masses and he would also carry out surprise inspections of ongoing development projects in other areas of the province as was done in Lahore. He said the timely and transparent completion of uplift projects was being ensured. He said serving people was the mission of the government and every effort was being made to this effect. He said: IT labs have been set up in more than 4,000 schools of the province at a cost of Rs5 billion and due to implementation of this project, students of Harbanspura, Bahawalnagar, Attock, DG Khan, Mianwali, Rajanpur as well as all areas of the province would be able to get the latest information about world situation as well as benefit from modern knowledge through internet for pursuing their academic activities. He said the education sector was in a state of decay but with the setting up of IT labs, 3.4 million boy and girl students will become a part of global village. He said a shining example had been set through recruitment of 40,000 educators purely on merit without any political influence and pressure. He said the foundation for a soft revolution has been laid in the education sector through such revolutionary measures. He said the collective efforts will have to be made for the development and progress of the country. He said the Shalimar Interchange will soon be inaugurated and work on Ring Road project was in progress expeditiously. Director General Frontier Works Organisation, Brig Muhammad Shahid of National Logistic Cell, Commissioner and District Coordination Officer Lahore, Managing Director NESPAK and Director General Lahore Development Authority were also present on the occasion.