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Summary forwarded to PM for restructuring USC board of directors

ISLAMABAD: Ministry of Industries and Production has sent summary to Prime Minister (PM) for revamping Board of Directors of Utility Stores Corporation (USC).

Ministry of Industries and Production sources said in the summary that the sitting board of directors is interfering immensely in the administrative affairs of the USC, therefore, they are facing difficulties in minimising the deficit of corporation.

The summary further said that the board interference in the administrative matters has increased enormously and former MD of the corporation was also transferred in the wake of this situation. The board is preferring its personal interests rather than focusing on scaling down the deficit of USC. Therefore the board be dissolved forthwith and a new board be constituted.

The USC employees union had a few days earlier pinned the responsibility of the losses of the corporation on the board and demanded that the board be disbanded immediately and a new board be set up under secretary Industries and Production.

The employees union has given a call for protest demonstration outside Islamabad Press Club from January 15.

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