ISLAMABAD : The future of employees of the PTDC is in doldrums after a board decision to hand over its assets to the provinces. According to a PTDC official, there was uncertainty among the employees about their jobs after assets transfer. The 76th board of directors meeting decided to hand over the assets and properties of PTDC to the provinces. The meeting declared that the PTDC’s assets and properties stood transferred to the provinces as after devolution it was mandatory under the 18th Amendment.

The official told APP on Monday said it was also decided in the board meeting that a mechanism would be laid down for handing over properties and sorting out matters pertaining to the employees.

He said the meeting decided to constitute a team to evaluate and verify the assets in all the provinces and take steps to safeguard the future of the PTDC employees.

He said it was decided that employees working in various hotels and motels in the four provinces would be accommodated at the same place while fate of those working at the Center would be decided according to their domiciles.

The official said it was against the spirit of the 18th Amendment which stated that interests of the employees would be safeguarded before taking any decision. He hoped that the employees’ interests would be taken care of while taking any decision.

He said the report of a team constituted by the Prime Minister to investigate ‘illegal’ appointments made by the former Managing Director was yet to be made public. The high-ups should wait for the inquiry report, he added.