PIA privatisation finalised
ISLAMABAD: Rejecting all objections from workers’ unions, the Ministry of Privatisation has issued a speaking order for the completion of the process for the privatisation of Pakistan International Airlines (PIA). In a detailed decision under directives of the Lahore High Court, Privatisation Secretary Hammad Hashmi wrote that the entire process leading to the privatisation of the national flag carrier was completed under the law, and none of the objections raised by the workers’ union “Peoples’ Unity’ and others had any legal standing. “None of the allegations raised by the petitioners/objectors establishes any constitutional violation, statutory breach, arbitrariness, mala fide, or infringement of fundamental rights. The privatisation of PIACL has been undertaken within the bounds of constitutional authority, statutory mandate, and settled principles governing the privatisation process under the privatisation laws and regulations. These petitions are dismissed,” he wrote, effectiv...