Power Distribution Service (PDS) has denied wrongdoing in its concession agreement with the government through the Ministry of Finance.
The company, in a statement following government’s announcement of an immediate suspension of the deal owing to the discovery of some improper actions by PDS said, “It has always acted in good faith and will not rush to put out any information until they are substantiated.”
The Minister for Information in a statement on Tuesday said PDS’ concession agreement was suspended after the government discovered some breaches in the company’s obligation in the provision of Payment Securities.
Read the statement below:
