PTI criticises loan scheme, Punjab youth festival

12 Apr, 2014

Pakistan Tehreek-e-Insaf (PTI) has lambasted the Punjab government for plundering the taxpayers' money in the name Punjab Youth Festival. While addressing a press conference here on Friday, PTI Punjab President Ejaz Chaudhary said the festival, which is a biggest youth event in the history of Pakistan, is marred by plundering of taxpayers' money.
He observed that students are forced to participate in a contest that is a hoax and hence depriving them of education. "The Punjab government have been blatantly lying on media that 'the Gunnies Book of World Record are genuine' while its email clearly states that the 32 records have not been registered with them, and the witnesses that are suppose to have been chosen are selected by the Pakistani sports department," he added.
He averred that this is the biggest corruption scandal so far in the present tenure of the PML-N's government, as it involves billions of rupees of public money.
PTI Punjab Information Secretary Andleeb Abbas said the youth festival and youth business loan are turned out to be the biggest financial disaster in the country.
She said youth business loan scheme, which the government had claimed would provide business to the youth, has been rejected even by the government's own bank, as it is too risky to give out loans on the terms specified by the Prime Minister and his daughter. "The National Bank has completely denied giving the Islamic loans and too many reports have said that the bank will suffer if they start going by the rules set in this scheme. It is a shame that this government keeps on playing with the sentiments of the youth. The youth of this county demand a third party audit of the festival and loan scheme, in which billions of rupees are wasted," she added.
She said the PTI Youth Wing will hold protests if the government does not explain how each penny of the taxpayers' money have been spent on these schemes.

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