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Delay in PIA's privatization? Government Changed its Plan? Ishaq Dar's Statement
#ishaqdar #khabar
Delay in PIA's privatization? Government Changed its Plan? Ishaq Dar's Statement
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NewsTranscript
00:00Very quickly, you are the head of the cabinet committee of the Privatisation Committee.
00:06A new scene has started. People say that yesterday, on 1st October, there was a bidding of PIA.
00:11They have delayed it for another month. I don't know what is happening.
00:14They don't want to do it or they are accommodating someone.
00:17Can you quickly tell us what is happening in PIA?
00:20It is definitely happening after a month and if it is not happening, then why?
00:24Look, the pre-conditions, the bidders who have taken the documents,
00:31only those who sign can enter the bidding process.
00:36The next step is to collect the bid bond.
00:39After that, you give the bid on technical and financial.
00:42The technical bidders who qualify, their financial bid should be opened.
00:45It is a standard procedure.
00:47Apart from one person, everyone has asked for more time.
00:52We are working on it.
00:54The formal transaction advisor is not a government matter.
00:58The professional transaction advisor of PIA,
01:03I am sure you know the name, is handling it.
01:09He approached the government last week.
01:13That was the last day to sign off the pre-conditions.
01:17So that they can give the bid bond on the next day or on the first day.
01:20He said that only one person has signed.
01:23They are saying that they need more time.
01:25I think in those circumstances, for a year, the background...
01:29This is the final 30 days. We can't go beyond this.
01:31Inshallah.
01:32Dhar sir, we have run out of time.
01:34Thank you very much.
01:35I know that after this interview, you will have to take a lot more.
01:38Yes, yes.
01:39You said that today is my first program.
01:41But we are very grateful.
01:42Viewers, you heard two important things.
01:45One is that everything is on the table.
01:47We will talk to the allies.
01:49The October deadline is being followed.
01:52On one question, he sidestepped.
01:55Why doesn't Mr. Mian meet Mr. Malana?
01:59If he is owning up.
02:00He said that he can meet him.
02:02But this question is still unanswered.
02:05We will take a break here.
02:07After the break, we will talk about the judicial crisis.
02:12It is a powder keg waiting to explode.