January 11, 2022
1 min read

Pak treasury robbed of billions to benefit private TV channel

The whole game started in August 2021, when PTV released a tender for partnership in the ICC broadcasting rights, which did not mention the Pakistan Super League (PSL)….reports Asian Lite News

The insider story of the controversial and alleged illegal partnership between Pakistan Television (PTV) and the private ARY channel has come to light, The News International reported.

Details obtained by Geo News reveal that the Pakistan national exchequer was robbed of billions of rupees to benefit the private news channel, which had no sports channel when it was made a partner in the ICC broadcasting rights.

The whole game started in August 2021, when PTV released a tender for partnership in the ICC broadcasting rights, which did not mention the Pakistan Super League (PSL).

Pic credits Wikipedia



It is worth noting that the ARY consortium was involved in the ICC broadcasting when its sports channel “A Sports” had no existence and no licence.

The PTV board of directors also remained unaware of the issue.

The PSL was not mentioned in the August 2021 ICC broadcasting rights tender and PTV Sports kept the PTV Board of Directors in the dark, obtained its approval for partnership with Ten Sports but then quietly partnered with A Sports, the report said.

Under the “expression of interest” of August 2021, an attempt was made to favour ARY as the PTV contract was with the consortium of Group M and ARY.

But for the PSL, the party was changed and a consortium was made only with ARY.

PTV, which runs on public money, has not yet provided details of the August 2021 agreement, which cost Pakistan’s state-owned channel and national exchequer billions of rupees, the report added.

ALSO READ: India urges France to campaign with EU for ban on weapon sales to Pakistan

Previous Story

EU economy greenhouse gas emissions in 2020 down by 9%

Next Story

When Indira received Bangabandhu at Palam

Previous Story

EU economy greenhouse gas emissions in 2020 down by 9%

Next Story

When Indira received Bangabandhu at Palam

Latest from -Top News

Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

Hasina return speculation grows as Dhaka stays silent

A fresh passport application by former Bangladesh Prime Minister Sheikh Hasina has triggered renewed political and diplomatic debate over her possible return…reports Asian Lite News Desk Bangladesh’s newly appointed Foreign Secretary Salahuddin

Ukraine Talks Head to UAE

Russia, Ukraine and the US are preparing for fresh trilateral talks in Abu Dhabi on November 10 and 11, as diplomatic efforts to end the war gather pace….reports Asian Lite News Desk

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News
Go toTop

Don't Miss

800 Afghan Refugees Detained in Islamabad

Before the operation, media reports in Pakistan claimed about cabinet’s

Baloch senator alleges conspiracy in temple attacks

Senator Danesh Kumar condemned the attack and termed the incident