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Tag Archives: SC losing Rs10m a day as interest on Rs10.6bn collected for dams

SC losing Rs10m a day as interest on Rs10.6bn collected for dams


June 12, 2019

ISLAMABAD: The Supreme Court was told on Tuesday that it was losing approximately Rs10 million a day as interest by not timely investing over Rs10.6 billion funds collected so far from donations for Diamer-Bhasha and Mohmand dams. “This is all because of the State Bank of Pakistan (SBP),” regretted Justice Sheikh Azmat Saeed while heading a five-judge SC bench. The …

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