LAHORE: The Pakistan Information Commission, under the federal government’s Right to Access to Information Act 2017, has instructed the State Bank of Pakistan governor to release a list of 1,000 major loan defaulters within 10 days. This directive follows a ruling on a petition filed by Azmat Khan of Karachi, emphasizing the public’s right to information regarding individuals who have borrowed from banks but failed to repay, causing significant financial losses to the country and the banks involved.
The commission dismissed the State Bank’s plea for immunity, asserting that transparency in such matters is crucial and cannot be withheld. It has mandated the timely disclosure of this information, which is expected to shed light on the financial accountability of these defaulters. Stay updated as we bring you more details on this developing story.
