Allegations of Financial Manipulation in Punjab's Power Sector

Punjab BJP president Sunil Jakhar accuses the AAP government of manipulating financial records to falsely portray Punjab State Power Corporation Limited's profitability and reduce government subsidies. He warns of potential financial collapse and privatization, citing misreported losses and subsidies, and criticizes the absence of a regular chairman.

The BJP's Punjab state president, Sunil Jakhar, has raised serious allegations against the AAP government, accusing it of financial misconduct concerning the Punjab State Power Corporation Limited (PSPCL). Jakhar claims that the state government is conspiring to weaken the corporation financially by manipulating records to show false profits.

In a press conference, he alleged that the AAP administration is misleading the public by reporting significant reductions in electricity tariffs while simultaneously proposing inaccurate financial accounts. According to Jakhar, these changes project an improved financial health of PSPCL, which he contends is far from reality.

Jakhar highlighted the absence of a regular chairman at PSPCL, blaming it on external influences and alleged that these actions could lead to the utility's privatization, ultimately passing the financial burden onto Punjab's citizens. He warns that these measures may have dire consequences in the financial year ahead.