GUJRANWALA: Minister urges quick recovery of loans
By Our Correspondent
GUJRANWALA, March 16: The provincial cooperative minister, Col Malik Muhammad Anwar (retired), on Tuesday expressed his dissatisfaction over the pace of recovery of dues from defaulters
, urging the cooperative bank officials to ensure recovery of Rs60 million till June 30.
Speaking at a high-level meeting here on Tuesday, he warned that the bank officials involved in corruption would be taken to task. He said the Punjab chief minister had taken serious notice of corruption in a cooperative bank. An ordinance under which the corrupt bank officials would be removed from service would be promulgated soon, he added.
The government, Mr Anwar said, was constituting model branches of the bank in all the big cities to revamp the system. The minister, later, visited the industrial exhibition at the Gulshan Iqbal Park and appreciated the products displayed by the local manufacturers.
Gujranwala Chamber of Commerce and Industry President Shaukat Javed and other industrialists apprised him of the problems the industrialists had been facing here.
