NAB to investigate demise of Pak Steel Mills

ISLAMABAD  –  The National Accountability Bureau on Friday decided to investigate the motives behind the destruction and loss of billions of rupees to Pakistan’s largest iron industry, the Pakistan Steel Mills. 

“[The] NAB will ascertain the reasons, government negligence or any conspiracy behind the destruction and loss of billions of rupees, which were incurred during the last few years,” the NAB declaration said. 

The NAB has also decided to place the name of all former and present directors and other officials on the exit control list (ECL). 

It is pertinent to mention here that PTI has written a letter to the National Accountability Bureau for initiating inquiry in irregularities and closure of the Pakistan Steel Mills so that the livelihood of thousands of employees could be protected. 

Through a letter, the PTI leader and chairman NA Committee on Industries and Production Asad Umer apprised the National Accountability Bureau that the hundreds of thousands employees of Pakistan Steel were in dire economic condition for not receiving proper salaries and pension. 

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