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Rebuttal: KE claims govt owes them Rs100b

On Tuesday, state minister Abid Sher Ali accused K-Electric of not paying their dues

Press Release February 19, 2015

the government claims to have eased the circular debt in the country but ke had not received its dues quot k electric spokesperson

The government claims to have ‘eased’ the circular debt in the country but KE had not received its dues," K-Electric spokesperson.

KARACHI: K-Electric refuted claims made by the state minister for water and power, Abid Sher Ali, about the company’s total dues.

In a press release issued by the company, they claimed that it was the government who owed them Rs100 billion, not the other way round as Ali claimed at a press conference held in Hyderabad. The company said that the minister had gone on record over KE’s dues, different figures at different times. For example a few days ago Ali claimed KE’s payables had gone up to Rs30 billion.

According to the KE spokesperson, Ali should stop throwing random figures around. “It is not K-Electric but the government who owes us Rs100 billion in arrears,” he said. “The government claims to have ‘eased’ the circular debt in the country but KE had not received its dues.”

Responding to the minister’s comments about nationalising the company, the spokesperson said this was a contradictory stance. “On one hand the ministry is looking to privatise major entities and, on the other, they are talking about nationalising a profitable organisation.”

Published in The Express Tribune, February 19^th, 2015.

COMMENTS (2)

Ovais | 9 years ago | Reply you've misspelled the headline. the word is rebuttal.

Naveed | 9 years ago | Reply I feel that the MNA from FAISALABAD wants to destroy TEXTILE industry of Karachi by choking electricity. But anyone who is not friend of Karachi is not a friend of Pakistan

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