The Pakistan Steel Mills (PSM) Friday said portraying the PSM as a non payer of the Karachi Water and Sewerage Board’s (KWSB) bills is a baseless and unjustified fact. A PSM spokesman said despite facing financial problems the PSM was regularly paying a handsome amount to the KWSB on monthly basis on account of utility bills. He disclosed that on the orders of Sindh High Court the KWSB was itself a defaulter of Rs 350 million of Pakistan Steel. The PSM spokesman said on account of monthly bills (June and July2012) PSM had already submitted Rs 20 million in June and Rs 30 million in July to the KWSB. “After the deduction of net amounts of bills and dues KWSB will be still the defaulter of about Rs 150 million,” he said. He said PSM was a responsible national entity which always tried to keep the mutual understanding and good relationship with other dealing organizations.
