Posted inBusiness

How a steel mill steals our money?

ISLAMABAD: Over the last 15 years, Pakistan Steel Mills (PSM) has got a staggering sum of Rs334 billion from Pakistani taxpayers. Financed by the public, it has suffered accumulated losses of Rs189 billion since 2009, received Rs90 billion in bailouts and Rs55 billion in salaries since 2005. For the last 11 years, it has generated […]

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