Senate body concerned at govt's inaction in changing oil prices
By Ali Imran

ISLAMABAD—The sub committee of the Senate Standing Committee on Petroleum and Natural Resources Thursday expressed grave concern about inaction to review the oil prices despite sharp decline in prices in the international market. The committee desired that the meeting of the main standing committee be convened as early as possible for the disposal of its agenda particularly the matters pertaining to the SSGCL.
The meeting was held in the Parliament Building with Khawaja Sheraz Mahmood, MNA newly appointed Convenor in the chair to chalk out afresh program to consider the terms of references (TORs) formulated by the Standing Committee regarding the affairs of the Pakistan State Oil (PSO) concerning appointments made during 2000-2004, phenomenal increase in the salary of the then Managing Director, Award of Rs 400 million SAP contract, fake export to Afghanistan, dumping of petroleum products award of contract of hoarding and hiring and furnishing of a private house in Nathiagali.
The committee was briefed by Pir Syed Fazal Ali Shah Jeelani, MNA regarding previous proceedings of the committee by expressing the concern that nothing has been done for the last 2-years regarding the irregularities committed in the PSO despite constitution of this committee. It was Accountability Bureau regarding irregularities committed in the PSO be requisitioned to enable this committee to report with reference to subject TORs.
The committee also decided to acquire the services of an expert consultant to report and make a presentation as to what extent the PSO provided releveant information to the sub-committee with reference to the TORs and requisitions made by the sub-committee.
The meeting was attended by Pir Syed Fazal Ali Shah Jeelani, Raja Pervaiz Ashraf, Mr Manzoor Hussain Wassan and Rana Mahmood ul Hassan Members of National Assembly.