As per reports in local dailies Pakistan’s Privatization Commission denied having knowledge of any bidder acting as a front man for an Indian group interested in Pakistan Steel Mills. Mr Zahid Hamid privatization minister told journalists that the commission had banned three Indian origin groups Mittal Group, Essar Group and Global Steel from the bidding process.

He said “We don’t have knowledge of someone playing as a front man for an Indian group. In case we had such information, that bidder would have been banned from taking part in the bidding.”