Staff Reporter
Islamabad
The National Accountability Bureau (NAB) chairperson Justice (retd) Javed Iqbal has taken notice of reports that the historic Roosevelt Hotel, a Pakistani possession in the heart of Manhattan, will be shuttered by the end of this month.
According to the release, Iqbal has directed the bureau’s Rawalpindi director-general to probe the reasons behind the decision to shutter the hotel, which is Pakistan’s “national asset”.
Furthermore, NAB will look into the reasons behind the alleged loss of hundreds of thousands of dollars borne by the government. The accountability watchdog will also point out officials who allegedly showed “carelessness in performing their national duties” and failed to play a role in making the hotel into a profitable entity.
The statement comes days after the Roosevelt Hotel announced it will shut its doors on guests permanently on October 31.
“Due to the current economic impacts, after almost 100 years of welcoming guests to The Grand Dame of New York, The Roosevelt Hotel, is regretfully closing its doors permanently as of October 31, 2020,” the announcement said.
The message on the website said that the hotel was “working on alternative accommodations” for guests with future reservations.
The Roosevelt Hotel, which was opened on September 23, 1924, was built by Niagara Falls businessman Frank A Dudley and operated by the United Hotels Company.
