Privatisation and Corporation Board (PCB) has stated that it is impartial in its decision-making process. The authority made the statement in a press release in response to reports that have questioned its process of appointing and dismissing officials in state-owned companies.
In the press release, PCB stated that it makes all its decision impartially in accordance with the relevant policies and assured that it will continue its work in adherence to the rules and regulations. It also noted that changes are being made to the relevant policies to improve the process of appointing and dismissing officials in state-owned companies. It further urged media outlets to refrain from publishing false information.
The privatisation, corporatisation, monitoring, and evaluation of state-owned enterprises and property are governed by the Privatisation and Corporatisation Act. The act established the PCB, which is tasked with carrying out the monitoring of public enterprises, companies with government shares, and public corporations, in addition to overseeing the privatisation of public enterprises.