LAHORE - The Lahore High Court chief justice Tuesday sought reply till October 12 next from the Federal Finance Ministry and the State Bank of Pakistan in a petition filed to seek recovery of over 256 billion loans written off by the banks to the influential persons including politicians, industrialists, professionals and other power wielders. The petitioner Imran Khan contended that the banks during a period of two years waived off Rs51 billion loans to various notable persons, while the estimated amount of loans waived off during the last 40 years was over Rs56 billion. Among the beneficiaries of the written loans also include industrialists, major companies, political and other persons who had say in the corridors of power at various times. According to the petitioner, it was the responsibility of the Governor State Bank of Pakistan (SBP) to probe and recover these loans. He prayed to the court to issue directives to the Governor SBP to fulfil his responsibilities in this respect and bring to limelight the name of all those who took heavy loans from the banks and did not pay them back and now the amount stays at bad debts which is an immense loss to the national kitty. The petitioner further contended that the banks do not spare a small loan taker and recovers money from the poor till death but it always bypassed those big fishes which took huge loans and devoured them without notice to anyone. He said Pakistan is a poor country, burdened with $55 billion foreign loans for which it was annually paying $2 billion in debt servicing. Due to the fragile economic condition, loans eaters should not be spared, he concluded.