ISLAMABAD: Chief Justice of Pakistan Justice Saqib Nisar heard the caseagainst the Pakistan International Airline privatisation.
CJP ordered on Thursday to place the Pakistan International Airlines (PIA)managing directors who served from 2008 to 2018on the Exit Control List(ECL).
The orders came as the Supreme Court heard thesuo motucase into thenational flag carrier’s reported privatisation and audit.
During the hearing, the chief justice remarked that they are making acommission so the matter of PIA’s losses and alleged privatisation can beinvestigated.
Referring to the airline’s previous bosses, some of whom were present incourt, he remarked that “you all destroyed such a large asset…this is aninjustice. Those who destroyed PIA are enemies and traitors”.
Chief Justice Nisar also ordered the production of the MDs in whose tenurethe most losses occurred.
As the hearing began, the PIA’s counsel presented a 9-year audit record andinformed in response to a query that the organisation’s share is being soldat Rs5 at present.
The apex court also sought a reply from thefederal government on theprivatisation of the airline and summoned the attorney general.
During the hearing, the PIA counsel informed the court that the airlinesuffered a loss of Rs44 billion in 2013, Rs37 billion in 2014, Rs32 billionin 2015, Rs45 billion in 2016 and Rs44 billion in 2017.