AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,605 Increased By 33.2 (0.39%)
BR30 26,904 Decreased By -371.6 (-1.36%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

Ministry of Industries and Production (MoI&P) is said to have been "outsourced" to an influential person engaged in making deals on matters relating to appointments in the Ministry and its more than a dozen attached entities and organisations.
According to sources, the influential person who reportedly receives treatment as de facto Minister for Industries and Production is invariably found at the Minister''s residence and is in constant contact with all the top brass of the Ministry including Secretary and heads of attached organisations and departments and issues them instructions from time to time with regard to appointments, transfers/postings and for favourable comments on "proposals" from "special people".
According to sources, this influential person also frequently holds meetings for hours with the incumbent Secretary Ministry of Industries and Production, Arif Azim at his office. Reports also suggest that Secretary Industries has directed the National Fertilizer Corporation (NFC) to draw about Rs 3 billion from different banks and deposit the amount in a private bank, without providing any reason for the transfer of funds. This issue has become a bone of contention between the Secretary Industries and Finance Ministry as Finance Ministry is represented at the NFC board.
Finance Ministry, sources said, has written a letter to the Secretary Industries, saying that the NFC Board had given this amount to the Finance Ministry, adding that the Secretary cannot draw the amount. This correspondent sought replies of four questions from the Secretary Industries and Production but has not yet received a response even after the passage of four days.
The questions related to NFC amount transferred from one to another private bank, Finance Ministry''s reaction, Secretary''s relation with the influential person and his (Secretary) meetings with the influential person. The issue of recent procurement of sugar for the Utility Stores Corporation (USC) allegedly at exorbitant rates is already in the media and acting Managing Director USC claims that he has nothing to do with sugar procurement. Minister for Industries and Production, Ghulam Murtaza Jatoi sent a reference against the incumbent acting MD USC to NAB for investigation just months before giving him acting charge.
According to sources, Chairman USC Board has also written a letter to the Prime Minister saying that he will resign if USC affairs continue to be run as at present. When contacted, he denied writing any such letter, adding that he "doesn''t play to the galleries". Managing Director Dr Mukhtar Ahmad reportedly went on leave when he was pressurized to do illegal things.
The appointments of new Managing Director Utility Stores Corporation (USC) is also being closely monitored by the Board as the " real " deal makers want to hire the services of Rizwan Bhatti, a person who performed in a subsidiary of Railways Ministry when Arif Azim was Secretary Railways. "A troika tailored and executed the plan after hours of mutual consultations," said an insider. A couple of cases pertaining to attached departments of Ministry of Industries and Production are being investigated by the National Accountability Bureau (NAB).

Copyright Business Recorder, 2015

Comments

Comments are closed.