Urdu daily "Awaz" (January 24, 2022, edition)
Federal Government has formed a special committee to decide the fate of The Roosevelt Hotel New York City owned by Pakistan International Airlines (PIA) subsidiary PIA Investments Limited (PIAIL).
The four-member committee is headed by Chairman Planning Commission. Members of the committee include Federal Secretary Finance, Secretary Aviation and Secretary Law & Justice. The committee will work under a mandate and TORs advised by the government.
Four tasks given to this committee include:
- Hotel furniture, fixtures, equipment etc. disposal.
- Solving hotel employees payments/pension matters.
- Guide PIAIL on any landmark decision.
- Look after hotel's financial and administrative matters till the final decision on hotel's fate.