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A Pakistan court will hear a challenge to the 2024 PIA privatization, citing legal violations and national harm.
A petition has been filed in Pakistan's Lahore High Court challenging the 2024 privatization of Pakistan International Airlines, arguing it violated laws, bypassed required parliamentary and Council of Common Interests approvals, and harmed national interests.
The sale to a private consortium for Rs134 billion, part of an IMF-backed reform program, is contested due to prior rejection of a related bill by the National Assembly.
The court is expected to hear the case soon.
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Un tribunal pakistaní escuchará un desafío a la privatización de PIA en 2024, citando violaciones legales y daño nacional.