Govt firm to recover written-off loans: Dar

Govt firm to recover written-off loans: Dar

ISLAMABAD, May 22 (APP): Minister for Finance, Muhammad Ishaq Dar on Sunday said the government would try its best to recover the loans that had been got written off by public office holders and any other individuals during past history.

Addressing a ceremony to mark the authorization of payment to the depositors of Innovative Investment Bank Limited (IIBL) here, the minister said the government had strong will to pursue the issue of written-off loans with full commitment.

“In the draft of Terms of References (TORs), prepared by the government, there was a clause included according to which all those public office holders whose loans were written-off due to their influence, should be pursued to get back the public money.