The Pakistan International Airline (PIA) said Wednesday night that its flights continued uninterrupted despite the tax bureau freezing its accounts.
In recent years, mismanagement of funds, a rise in operating costs, and a surge in fuel prices have led to financial difficulties for the national carrier.
The PIA has also faced scrutiny over its compliance with international safety standards, leading to temporary bans and restrictions on Pakistani airlines in various countries.
Sources told Geo News otherwise, saying that several domestic and international flights were cancelled or delayed.
Initially, sources in the Federal Board of Revenue (FBR) said that PIA’s bank accounts were frozen due to non-payment of taxes worth around Rs 4 billion.
“The FBR has, through tickers, collected Federal Excise Duty worth Rs4 billion,” the sources said, an amount deposited in the national kitty.
Once all the bank accounts were frozen, PIA faced difficulty paying for its planes’ fuel as the sources said that the Pakistan State Oil (PSO) had refused to supply the same.
