High powered Commission set to probe Rs 24,000 billion loans in 10 years: Prime Minister

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ISLAMABAD, June 12 (APP):Prime Minister Imran Khan Tuesday announced a high powered commission to probe the unprecedented borrowing of Rs 24,000 billion in 10 years by PPP and the PML-N leaders and vowed to make an example of all those who ruthlessly plundered the country.

In a nationwide televised address, hours after the announcement of the national budget, he said, he would personally supervise the commission; comprising teams from the IB, FIA, ISI, SECP, FBR etc to probe how and who borrowed the money, and where it was utilized.

PM address followed the announcement of the national budget in which the government withdrew subsidies on many sectors and taxed almost all the sectors owing to serious economic crunch, and to offset the impact due to heavy borrowing by the previous governments.

The Prime Minister reiterated that he would not give NRO (National Reconciliation Ordinance) piece like legislation to corrupt and plunderers.

 

VNS Islamabad