Delay in PIA's privatization? Government Changed its Plan? Ishaq Dar's Statement

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#pakistaninternationalairlines #PIA #privatization #breakingnews  #ishaqdar #khabar   Delay in PIA's privatization? Government Changed its Plan? Ishaq Dar's Statement

Transcript

00:00Very quickly, you are the head of the cabinet committee of the Privatisation Committee.

00:06A new scene has started. People say that yesterday, on 1st October, there was a bidding of PIA.

00:11They have delayed it for another month. I don't know what is happening.

00:14They don't want to do it or they are accommodating someone.

00:17Can you quickly tell us what is happening in PIA?

00:20It is definitely happening after a month and if it is not happening, then why?

00:24Look, the pre-conditions, the bidders who have taken the documents,

00:31only those who sign can enter the bidding process.

00:36The next step is to collect the bid bond.

00:39After that, you give the bid on technical and financial.

00:42The technical bidders who qualify, their financial bid should be opened.

00:45It is a standard procedure.

00:47Apart from one person, everyone has asked for more time.

00:52We are working on it.

00:54The formal transaction advisor is not a government matter.

00:58The professional transaction advisor of PIA,

01:03I am sure you know the name, is handling it.

01:09He approached the government last week.

01:13That was the last day to sign off the pre-conditions.

01:17So that they can give the bid bond on the next day or on the first day.

01:20He said that only one person has signed.

01:23They are saying that they need more time.

01:25I think in those circumstances, for a year, the background...

01:29This is the final 30 days. We can't go beyond this.

01:31Inshallah.

01:32Dhar sir, we have run out of time.

01:34Thank you very much.

01:35I know that after this interview, you will have to take a lot more.

01:38Yes, yes.

01:39You said that today is my first program.

01:41But we are very grateful.

01:42Viewers, you heard two important things.

01:45One is that everything is on the table.

01:47We will talk to the allies.

01:49The October deadline is being followed.

01:52On one question, he sidestepped.

01:55Why doesn't Mr. Mian meet Mr. Malana?

01:59If he is owning up.

02:00He said that he can meet him.

02:02But this question is still unanswered.

02:05We will take a break here.

02:07After the break, we will talk about the judicial crisis.

02:12It is a powder keg waiting to explode.

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