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Snatch loan money from defaulters: CM

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Posted on : 10:56 PM | By : RanaRasheed | In :


LAHORE – Punjab Chief Minister Shahbaz Sharif has said that the Quaid-i-Azam wanted to make Pakistan an Islamic, democratic and welfare state but we did not come up to his expectations. He called upon the government to arrange recovery of Rs 193 billion written-off loans from the defaulters and utilise this amount in the development works. He was addressing a special function organised by Nazria Pakistan Trust in collaboration with Tehrik-e-Pakistan Workers Trust at Aiwan-e-Karkunan Tehrik-e-Pakistan on the 133rd birth anniversary of the Quaid. NPT Chairman and Editor-in-Chief The Nation Majid Nizami presided over the function. Shahbaz said Pakistan would not have appeared on the world map had there been no Quaid-i-Azam. He said a nation that resorted to self-accountability never failed. The objective of the creation of Pakistan was to provide equal economic opportunities to all. The Quaid never wanted the poor to die of hunger and poverty, he added. He said no dictator could dare to occupy power by force if we had followed the path shown by the Quaid. Our failures are many while successes are only a few during the past 63 years. However, he expressed his optimism that the dark days are likely to decline soon. The nation has heard two good news; one the amicable NFC Award and the other the Supreme Court verdict against NRO. NFC Award is the second important document after 1973 Constitution for which he congratulated the people of Punjab for showing the sacrifice spirit for the smaller provinces. He said the verdict against NRO has established that the nation did not want corrupt practices. It could have been a scar on the face of Parliament if it had approved the NRO, he said and added there is no conflict on NRO among government institutions. The list of written-off loans has been presented to the Supreme Court and if loans are received with fines, it will be equal to Rs 3-4 billion to be spent on people. Shahbaz warned there would be a conflict between the rich and the poor if we did not use the resources judiciously. The revolution is sure to come if we allow a particular class to possess the national wealth and resources, and the children of the poor would continue to suffer for lack of treatment. He said no nation could prosper on foreign aid nor could it survive. LINK

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