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Build 2 New Dams By Recovering Monies From Bank Loan Defaulters: SC

JUN 30, 2018: Chief Justice Mian Saqib Nisar on Saturday remarked that consensus had been reached between all stockholders to immediately build two dams using monies to be recovered from bank loan defaulters in view of the chronic water crisis in the country. Justice Nisar made the comments during the hearing of a case initiated in 2008 after the Supreme Court (SC) took suo motu notice of media reports that the State Bank of Pakistan (SBP) had approved a scheme to allow writing off of loans worth Rs54 billion owedRead More