Honeymoon of Corruption
Tuesday, August 4, 2009
The News International, Tuesday, August 04, 2009
RAWALPINDI: Corruption is at its peak, as there is no real anti-corruption institution in the country. While on the other hand, handpicked people have been appointed in national organisations, who have been taking decisions at their free-will for personal gains due to which national institutions are seen at the verge of destruction, Karman Khan said.
For example, PIA was suffering Rs13 billion deficit in 2007, which surged to Rs40 billion in 2008. The balance sheet of the national airlines is in such a condition that it could be declared bankrupt. According to experts and PIA sources, PIA with current deficit and number of employees could not earn profit in next 50 years.
more
RAWALPINDI: Corruption is at its peak, as there is no real anti-corruption institution in the country. While on the other hand, handpicked people have been appointed in national organisations, who have been taking decisions at their free-will for personal gains due to which national institutions are seen at the verge of destruction, Karman Khan said.
For example, PIA was suffering Rs13 billion deficit in 2007, which surged to Rs40 billion in 2008. The balance sheet of the national airlines is in such a condition that it could be declared bankrupt. According to experts and PIA sources, PIA with current deficit and number of employees could not earn profit in next 50 years.
more
Labels: Corruption, Government, Poverty
posted @ 10:25 AM,
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