Government notifies constitution of inquiry commission on debt pile up.

Federal government has released a notification on appointing Hussain Asghar as chairman of inquiry commission on debt pile up.

According to the reports of Baaghitv, federal government has released a notification on setting up a inquiry commission under Section 3 of Pakistan Commission of Inquiry Act, 2017. The commission will probe the details of loans taken in last 10 years.

Hussain Asghar, a retired Grade 22 PSP officer who is currently deputy chairman of NAB has been appointed head of commission, reads the notification. The other members include a person each from Federal Investigation Agency, Intelligence Bureau, State Bank of Pakistan, Inter-Services Intelligence, Securities and Exchange Commission of Pakistan, Federal Board of Revenue, representative of Accountant General Pakistan Revenues, representative of Military Intelligence and special secretary from Finance Division as the secretary.

The TOR’s of the commission has also been finalized and commission will give its final report within six months, with periodical interim reports on monthly basis.

PM Imran Khan in his address to nation, said he will form a commission to probe details of loans taken by previous governments in last ten years, to learn why country is facing economic crisis today.

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