PIA fails to transfer Rs 1.3 billion closed stations' funds to Pakistan.
KARACHI -- Pakistan International Airlines (PIA) failed to transfer Rs 1.3 billion closed stations' funds back to Pakistan, media reported on Thursday.
As per details, the Auditor General's 2021-22 report revealed that the Pakistan International Airlines could not transfer the amount to Pakistan.
PIA was supposed to immediately transfer Rs 1.35 billion back to Pakistan according to the rules.
The huge sum of the amount was from the closed stations in Barcelona, New York, Kuwait, Thailand and Singapore.
The report said that this shows the incompetence and non-serious attitude of the administration which resulted in extra financial burden on the Pakistan International Airlines.
Earlier, the International Monetary...
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