ISLAMABAD: The National Assembly’s Standing Committee on Industries and Production recommended that the case related to the closure of Pakistan Steel Mills (PSM) because of unexplained suspension of gas supply to it and illegal withdrawal of salaries of retired employees be forwarded to the National Accountability Bureau (NAB) for investigation.
The committee met here to discuss reasons for disconnecting of gas supply to the PSM which led to complete shutdown of all production operations of the entity though it was operating in the normal course.
The committee expressed serious concern over non-payment of salary and pension to thousands of employees of the PSM and recommended that the Ministry of Industries and Production must ensure immediate release of salary and pension to all PSM employees.
The committee was briefed by Federal Minister for Privatisation Daniyal Aziz who said that the government had to get rid of institutions persistently causing annual losses of billions of rupees.
He claimed that sick public sector enterprises and entities were causing losses of over Rs600 billion annually to the government.
