Awesom Justification: PM's Spokesperson Compares Dubai Steel Mill's Loss with PIA & Pakistan Steel M

sabbor

MPA (400+ posts)
Need to understand

Business assets and the business itself are two different entities

A business can be in loss but business assets still have their independent value.
 

Hamza Khalil Janjua

Councller (250+ posts)
first of all how mohammad Sharif did that that investment at that time no one was allowed to take that huge amount out of Pakistan.Secondly mill bank status was default there was loan too which was taken from bank and collateral was mill itself . so my question is after bank took care of its investment and everything how sharif family got 12 million dollars? after paying all losses banks investment .... keeping in mind Jeddah steel mill setup cost was 32 million dollar approx which was in 2001 and if u go back in 80s and 90s setup cost of dubai mill was lower than this..
and about PIA or steel mill there will be default loans and pending payments on it which is in millions who ever will buy gov has to pay that otherwise no one is crazy enough to buy with **** load of loans.
 
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Asad Mujtaba

Chief Minister (5k+ posts)
اس کی نوکری بھی نواز کے ساتھ انشااللہ ختم ہو جائے گی۔ عمران پتہ نہیں ان کی بد بختی لے کر آیا ہے۔ کہ ان سب کی نوکریاں خطرے میں ہیں۔
 

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