Karachi, January 23, 2016 (PPI-OT): Reference media reports regarding irregularities in provident fund of PIA employees, airline’s Spokesman has clarified that there is no mismanagement in this fund. He said PIA owes provident fund some money and this liability is being disclosed in PIA’s accounts since 2009. Despite this, mark up is being paid, therefore, there is no loss to the fund. SECP’s queries on PIA’s accounts are a routine matter and are appropriately settled through correspondence, he said.
For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +92-51-9252323 and +92-51-9252324
Fax: +92-51-9252325 and +92-51-9252326