He urged NBP, SSGC and Finance Division to extend maximum support so that the issues of settlement of PSM
liabilities might be resolved in an amicable manner.
Giving his remarks over CFO PSM
Mian Asad Haya-ud-Din's statement, Mr.
She added: 'If the investigation is made to determine the main responsibility of the fall of Pakistan's largest and profitable industrial unit, then the sole responsibility for destroying it would fall on Nawaz Sharif's shoulder who back in 2015 ordered to shut down gas supplies to PSM
when its production was at 65% despite the then prevailing problems in international market, the closure of Gas supplies led to PSM
production coming to a halt.
Outstanding pensions and other dues of PSM
employees stood at Rs10.
Under the current deal, the SSGC and the NBP have been offered 5,774 acres of clean title land of the PSM
, which, at the current market value, is almost close to their total outstanding dues, an official of the Privatisation Commission said.
65 acres classified under 'investment property' to be incorporated in the PSM
accounts as on June 30, 2015.
Expert opinion suggests the PSM
can run as a profit-making entity because of huge demand for steel products provided it is allowed to run purely on commercial lines.
has a staff of 1600 while they require only 900 staff for 100 per cent production.
manages 11 shopping centres on behalf of private investors and institutional clients, the buyer said.
Risk Management in PSM
, Procurement planning, SR selection, developing a quality assurance plan).
The agency is moving forward because of an Executive Order President Obama signed on Aug, 1,2013, which charged the OSHA with identifying issues related to modernization of its PSM
standard and related standards necessary to prevent major chemical accidents.
purchase the PSM
, the federal government would not raise any objection.