August 01, 2007	Wednesday	Rajab 16, 1428

THE National Bank of Pakistan has rebutted charges made in a report published in Dawn on July 23 about the President’s Rozgar Scheme. The Haripur-datelined story, `President’s scheme termed faulty’, said people who had purchased CNG-fitted rickshaws after availing themselves of loans offered by the presidential scheme, had started returning the vehicles to the National Bank because `it is a faulty and loss-bearing vehicle’.

A press release of the NBP on Tuesday said `no vehicle financed under the President’s Rozgar Scheme’ has been returned to the Bank’.

The NBP also disputed the charge that the rickshaws were inferior in quality. “It is not true that machinery used by vendors is sub-standard.

The NBP is using only those vendors who have a proven track record and have the approval of the Pakistan Standards and Quality Control Authority.”