Saudi Business Tycoon Comes to Pakistan to Resolve KE Payment Issues
The owner of the Aljomaih Holding Company of Saudi Arabia that had originally bought the Karachi Electricity Supply Corporation, (now called ‘K-Electric’) in 2005, arrived in Pakistan on Monday, Dawn News reported.
Shaikh Abdulaziz Hamad Aljomaih’s visit is aimed at resolving K-Electric’s issues about outstanding dues and new challenges in the wake of the arrest of the Abraaj Capital Chief, Arif Naqvi, in London, for the misappropriation of securities funds.
Sheikh Aljomaih held separate meetings with President Arif Alvi, Prime Minister Imran Khan, the ministers for Finance, Energy, and Privatization, and other stakeholders to resolve the aforementioned issues.
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