Tuesday, October 8, 2024

Biggest Theft in Pakistan History, Material worth Rs. 10 Billion stolen from Pakistan Steel Mill, Reports Union

Quite a shocking news from Pakistan Steel Mills (PSM) as copper cable of the mills and other assets worth PKR 10 Billion belonged to Pakistan Steel Mills (PSM) have been stolen and this is not the first instance that this happened but definitely, it is for the first time that bulk of masses have been stolen.

Some 50 persons broke into PSM’s offices the night of July 26–27 and stole copper cable. The union said that the mill’s security personnel did not intervene to stop the men.

A security car involved in the incident was also seized by police. The person who was arrested allegedly stole copper and other items from a steel plant and sold them.

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