PIA-owned Roosevelt Hotel in New York is not being privatized, govt tells court

Roosevelt Hotel, owned by the Pakistan International Airlines (PIA) located in New York, is not being privatized, the federal law officer told the Islamabad High Court during the hearing of the petition on Tuesday.

According to the details, the Chief Justice of the Islamabad High Court Justice Amir Farooq was hearing the petition against the reported plans of the PTI-led federal government of Pakistan to privatize the asset of the national airline in the heart of the global commercial and tourism hub in New York, US.

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The deputy attorney general, during the hearing of the petition, stated before the judge that Roosevelt Hotel is not being privatized.

The Chief Justice of the high court asked him whether he wanted to submit a written response to the petition, to which the deputy attorney general replied that he needs some time to seek instructions from the government of Pakistan in this regard.

The bench of the Islamabad High Court directed the deputy attorney general to apprise the court of the stance of the government of Pakistan on this issue at the next hearing and adjourned the case until July 15.

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