Kamal’s avowal drew a strong reaction from the chairman and opposition members claimed the bill was drafted under the advice of the World Bank. Because of massive contracts for exploration blocks, the upstream sector is also the most lucrative. Chairman Rabbani asked him to give a copy of the proposed bill to the secretariat, which he did. He said media reports that the World Bank was behind the move should also be investigated. I take strong exception to the World Bank sitting on top and making procedures and laws relating to Pakistan’s natural resources,” Rabbani remarked.

Source: The Express Tribune December 14, 2017 04:18 UTC