The Lahore High Court (LHC) here on Tuesday called reply from the respondents in a petition challenging the merger of Punjab Co-operative Board for Liquidation (PCBL) allegedly with Co-operative Department, Punjab by June 6. The respondents include Punjab Government, Chief Secretary, Federation etc. The petition has been filed by Syed Muhammad Iqbal Jafree contended, the alleged merger would lead to the plundering and looting of Rs 100 billion assets of the Board.
The petitioner pointed out that to advance the merger, the authorities concerned had recently removed its chairman Nazar Chauhan and that as many as 1,100 kanals of the Board land has been grabbed illegally by a political figure. He said by way of merger, the assets of the Board would be doled out to co-operative societies to a great loss of the hundreds of affectees who have filed suits for the recovery of their money from them.