'PIA officials creating hurdles for foreign investors'

Pakistan international Airlines officials have been creating hurdles in the way of genuine foreign investors, according to Trustar Group SPA of Milano. Dr Maurizio Gonzaga and Dr Kashif Moten of Trustar Group addressing a press conference at the Karachi Press Club on Tuesday accused PIA of issuing letter of intent to a bidder who does not meet the evaluation criteria in the baggage wrapping tender issued by PIA on May 2,2011.
They gave details of how their company with a turnover of Euro 44 million (approximately Rs six billion) in the last financial year, which participated and technically qualified and has the highest points, according to the evaluation criterion issued by PIA, has been "criminally' ignored.