Shaheen Air International (SAI) has allegedly committed a “willful default” worth Rs11.5 billion against two leading banks- Habib Bank Ltd (HBL) and United Bank Ltd (UBL). It caused a default of Rs 11 billion against the HBL and Rs50m UBL. PAC smells fishy in multi-billion HBL–Post deal Dawn reported that FIA has initiated the process … Continue reading Shaheen Air commits Rs11.5b default against HBL,UBL