PM sacks 8 DISCO boards over losses

The boards of eight power distribution companies, which were constituted by the previous Pakistan Democratic Movement (PDM) government, were sacked on Monday over allegations of causing a colossal loss of Rs589 billion for this fiscal year. The PML-N government also decided to enlist the services of the military and intelligence agencies to enhance governance in these power distribution companies, invoking Article 245 of the Constitution and the Anti-Terrorism Act. Additionally, the government approved the establishment of the Distribution Companies Support Unit (DSU) to mitigate losses in the future. The army’s relevant sector commander will serve as its co-director, with representation from the Inter-Services Intelligence Agency (ISI), Military Intelligence (MI), and the Intelligence Bureau. The first DSU will be set up in the Multan Electric Power Company (MEPCO), as per the decision.