Jahangir Tareen got over Rs99.6m loans written off: SBP

ISLAMABAD – The documents of State Bank of Pakistan (SBP) – available on the Election Commission of Pakistan (ECP) official website – show that the Pakistan Tehreek-e-Insaf’s (PTI) leader Jahangir Tareen had got Rs99.638 million loans written off, Neo News reported.

As per details, most of the loans taken in the name of Tareen and his son were written off when he was the federal minister for industries and production during the tenure of former general Pervaiz Musharraf.

Jahangir Tareen, CNIC# 35202-2698829-5, got Rs38.468million loan written off from the United Bank Limited. The loan was acquired by him and his son Ali Khan Tareen (CNIC# 35202-5803969-1) in the name of company Faruki Pulp Mills Ltd.

Tareen and his son also got a loan amounting to Rs18.03 million written off by the MCB. The loan was taken in the name of Faruki Pulp Mills Ltd. They both also got yet another loan of Rs43.14 million written off from the Royal Bank of Scotland. This loan was also taken in the name of Faruki Pulp Mills Ltd.

Meanwhile, Punjab Chief Minister Shahbaz Sharif said on Monday that Pakistan Tehreek-e-Insaf Chairman Imran Khan and the party’s central leader Jehangir Tareen had got their loans written off. He vowed to take the wrongdoers to task.

The Punjab chief minister said that it was surprising that those elements who got loans of millions of rupees written off in the past were leveling allegations and talking of accountability. He said the time had come for across-the-board accountability of those who got loans written off while those who were clean should not be afraid.

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