Pak embarassed as "ally" Malaysia seized its International Airlines again over unpaid dues of $4 million
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Kuala Lumpur, May 31: A Pakistan International Airlines (PIA) Boeing 777 plane was seized by Malaysia at the Kuala Lumpur Airport over non-payment of dues.
Reports in Pakistani media said a Malaysian court ordered the seizure of the PIA plane over non-payment of lease dues totalling up to nearly $4 million.
Notably, the same aircraft, which has been acquired on a lease from Malaysia, was seized in 2021 over the same issue.
The aircraft was released by the authorities back then after intervention by Pakistan diplomats.
JUST IN: Malaysia has again seized Pakistan International Airlines (PIA) Boeing 777 aircraft at Kuala Lumpur airport over unpaid dues of $4 million; PIA approaches malaysian court pic.twitter.com/3x5CY4kuvA
— Megh Updates 🚨™ (@MeghUpdates) May 30, 2023
PIA, which is the flag carrier in the country, has been struggling with financial difficulties over the last few years.
The incident also comes at a time when the Pakistani economy is grappling with mounting debt and skyrocketing inflation.
The crisis-hit country is trying hard to secure a bailout package from the International Monetary Fund (IMF) to avoid bankruptcy.