Tag Archives: suffers Rs212m loss

ISLAMABAD: The Public Accounts Committee (PAC) was informed on Thursday that the Board of Investment (BoI) suffered a loss of Rs212.2 million as it did not invest its funds for profit considering it Riba. BoI secretary Fareena Mazhar, in response to the PAC’s query about the audit para “non-investment of funds after maturity” that caused the Rs212m loss to the …

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