Tells top court three-year invest­ment to yield 12.2% profit­ISLAMABAD:The Supreme Court reserved its verdict regarding the investment of the dams fund while hearing the Diamer-Bhasha and Mohmand dam implementation case on Wednesday. During the hearing, Attorney General Anwar Mansoor Khan, while recommending use of dams fund in Pakistan Investment Bonds (PIB), said that a three-year investment of the fund is expected to yield a profit of 12.2 per cent. He added that the money in the dam fund will be needed after seven years. Diamer-Bhasha dam fundThe attorney general cited a programme hosted by Muhammad Malik on a private television channel, in which the issue of tender was discussed. The judge said that a decision on the matter would be made after review of programme transcript, while advising the attorney general to exercise patience in this regard.

Source: The Express Tribune April 10, 2019 19:52 UTC