Business Train Owed Rs930 Million to Pr Till June

Pak Business Train was defaulter of Rs930 million of the Railways till June 2014, said the spokesperson for the department on Saturday.

It was stated that claims of the train management regarding payment were contrary to the facts and that the public-private partnership with Business Train management had been badly failed. Railways signed agreement with the company on December 18, 2011 and service was started on February 3, 2012. Business train had to pay Rs3.19 million to the Railways per day but its default started during initial days. Later in a decision, economic committee of the cabinet facilitated the train management in payment...