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Lucky Cement Ltd has categorically refuted all rumours regarding shutting down of its Pezu plant by local Excise and Taxation department. According to the press statement issued here on Friday, company's operations including cement production and dispatches continue to run smoothly.
Lucky Cement clarified that the local E&T department under the supervision of its ETO Irshad Afridi, tried to close the main entrance of its Pezu plant this morning, which was an illegal act in light of the Peshawar High Court decision. However, the company administration informed the department official about the PHC decision after which E&T department returned.
Press statement further said that the Lucky Cement is the largest taxpayer in KPK and the only source to provide employment opportunities in Darra Pezu area.

Copyright Business Recorder, 2018

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