PESHAWAR: The opposition parties in Khyber Pakhtunkhwa has criticised the provincial government over the decision of privatising the Bank of Khyber (BoK).
ANP Provincial Parliamentary leader Sardar Hussain Babak said that instead of taking practical step for the establishment of provincial stock exchange, it has announced of privatization of the BoK which is going on in profit. He alleged that some of the share holders in the bank have actually instigating the provincial government by selling Bank’s assets on in appropriate manners. He said the ANP would not let the government to take any step regarding the privatization of the bank which is considered as the back bone of the Khyber Pakhtunkhwa economy.
Babak outright rejected the provincial government stance regarding the privatization of the BoK which in short span of time withheld Rs. 126 billion assets and having Rs. 92 billion call deports out of which Rs. 80 billion of the local clients hailing from Khyber Pakhtunkhwa.
He said the plan prepared of the provincial government for selling the share of the BoK on low rate only to benefit their blue-eyed would not let unchecked.
