AKLASCAzad Kashmir Logging & Saw-Mills Corporation
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AKLASC was generating considerable income from extraction of timber, until the felling of green trees was banned in 1997.
The functions of AKLASC came to a standstill in 2010 after the then President of Pakistan, Asif Ali Zardari, asked the AJK government to completely ban timber felling and in return promised to meet the shortfall [thus created] in AJK's income.
On May 29, last year, the AKLASC Board, headed by the prime minister, decided that all employees would be offered golden handshake within three months and funds for this purpose would be generated from the auction of corporation's assets, includinga huge plot in Islamabad.
chaired by Prime Minister Raja farooq haider Khan here on Monday was attended by minister for Sports Chaudhary Mohammad Saeed , Chief Secretary Azad Kashmir, Additional Chief Secretary Development, Secretary Finance , Secretary Forest , Chief Conservator Forest and the private members of AKLASC board.
Earlier the Prime Minister was briefed about the assets of abolished AKLASC Department and other related issues.
It was decided in the meeting that the costly commercial plot possessed by defunct AKLASC department would be effectively