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Wednesday, November 27, 2024

Home Business Power Division rebuffs Omar’s, dependents shareholding in IPP

Power Division rebuffs Omar’s, dependents shareholding in IPP

by News desk
May 12, 2020
in Business

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Staff Reporter

Islamabad

The Power Division has clarified that Federal Minister for Power and Petroleum, Omar Ayub Khan or his dependents do not have any shareholding or economic interest in any Independent Power Plant (IPP).
The Power Division spokesperson in a statement on Monday said that Power Minister’s all assets and liabilities are declared and duly filed with the Election Commission of Pakistan (ECP).
Any assertion to the contrary is completely baseless or unfounded, he said.
A few media anchors have carried unsubstantiated and erroneous claims contrary to the above facts.
If any media channel or individual makes any unsubstantiated claim on the above, the Federal Minister has said that he reserves the right to take legal action accordingly.