Pakistan oil executive shot dead in Karachi.ISLAMABAD Islamabad (ĭs'ləməbäd`, ĭslăm`–), city (1998 pop. 524,500), capital of Pakistan, NE Pakistan, just NE of Rawalpindi, the former interim capital. , July 26 Kyodo
The chief executive of Pakistan State Oil Pakistan State Oil (PSO) is the oil market leader in Pakistan. The well established infrastructure, built at par with international standards, representing 82% of country’s storage, provides PSO an edge over its competitors. (PSO PSO - Oracle Parallel Server ) was shot dead by unknown gunmen near his office in Karachi on Thursday morning, police said.
They said gunmen opened fire on Shaukat Reza Mirza's car as it approached the office in the heart of the city in the vicinity of several top hotels. The assailants escaped.
Mirza was at the center of a controversy involving the early retirement of several hundred PSO employees as part of a privatization privatization: see nationalization.
Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned program.