NewsAugust 06, 2016
Finance Ministry submits report on Tareen's written-off loans in Senate
ISLAMABAD: The Ministry of Finance on Saturday submitted a report on Pakistan Tehreek-i-Insaf (PTI) senior leader Jahangir Tareen’s written-off loans in the Senate.Jahangir Tareen is among those lawmakers and politicians who, being directors or partners of various businesses, got their loans written off.
According to a report, PTI Secretary General Tareen had a loan worth Rs101 million written off from Zarai Taraqiati Bank Limited.
The loan was written off from ZTBL with regards to the Tandlianwala Sugar Mills in 2005, during the former military dictator Gen (retd) Pervez Musharraf's government in which Tareen served as a federal minister.
The information is contained as a written reply by the Finance Ministry to questions in the Senate during the question-hour asked by PTI's own Muhammad Azam Swati and Nisar Muhammad of the ruling Pakistan Muslim League-Nawaz (PML-N).
The finance ministry was asked to disclose details of those politicians, ministers and lawmakers who had their loans written off by state-owned or private banks and financial institutions.
Courtesy www.thenews.com.pk
Back to Pakistanlink Home