Affectees of Cooperative Market, Victoria Building to get compensation soon: Nasir Hussain Shah

Sindh Minister for Local Government Syed Nasir Hussain Shah has assured that work on providing compensation to the affectees of Cooperative Market and Victoria Building was underway and all their losses will be compensated as soon as possible.

Speaking at a meeting during his visit to the Karachi Chamber of Commerce and Industry (KCCI) on Saturday, Nasir Hussain Shah said that the Sindh government was working on compensations to the affectees of both the markets under the specific instructions of Chairman PPP Bilawal Bhutto Zardari and Chief Minister Sindh Syed Murad Ali Shah. “Regardless of whether it was an accident or an act of terror, it is the responsibility of the government to compensate such losses and we will do so”, he added, while admitting that the process has been delayed.

Chairman Businessmen Group Zubair Motiwala, General Secretary BMG AQ Khalil, President KCCI Muhammad Idrees, Senior Vice President Abdul Rehman Naqi, Vice President Qazi Zahid Hussain, Chairman of KCCI Special Committee for Small Traders Majeed Memon, President Cooperative Market Association Muhammad Firoz, KCCI Managing Committee Members and many affectees of Cooperative Market attended the meeting.

Speaking on the occasion, Chairman BMG Zubair Motiwala, while highlighting the exemplary role played by Karachi Chamber towards the rehabilitation of all the affectees of Bolton Market incident in 2009, stated that the Cooperative Market and Victoria Market have also suffered badly because of the inferno. Hence, he appealed the Sindh Government to immediately announce relief in shape of compensation to the affectees of Cooperative Market incident so that they could completely restore their businesses before the arrival of Ramadan ul Mubarak and Eid-ul-Fitr.

He particularly appreciated the support and cooperation extended by Provincial Ministers Syed Nasir Hussain Shah, Jam Ikramullah Khan Dharejo, Saeed Ghani, Administrator KMC Murtaza Wahab and Waqar Mehdi who have always remained in constant touch with KCCI and have been assuring to get this issue resolved.

Keeping in view KCCI’s role in dealing with such incidents, General Secretary BMG AQ Khalil offered KCCI’s platform for evaluating the precise losses suffered by the shopkeepers of Cooperative Market.

President KCCI Muhammad Idrees, in his remarks, said that the Karachi Chamber was in constant touch with the Sindh Government and was trying its best to ensure release of compensation to all the affectees of Cooperative Market so that the lives of these shopkeepers and their workers could quickly return to normalcy.

Chairman Cooperative Market Association Muhammad Firoz highlighted the hardships being faced by 500 shopkeepers of the market who lost everything and were looking forward to the Sindh government for providing financial assistance since November 2021. “It is already too late and keeping in view the forthcoming shopping season of Ramadan and Eid ul Fitr, the Sindh Government may please expedite the process and ensure compensation to affectees as early as possible.”


Sindh Minister for Local Government Syed Nasir Hussain Shah attended a meeting at Karachi Chamber of Commerce & Industry on Saturday where he assured compensation to affectees of Cooperative Market and Victoria Building. Chairman Businessmen Group Zubair Motiwala, Vice Chairman BMG Anjum Nisar, General Secretary AQ Khalil, President KCCI Muhammad Idrees and Chairman Special Committee for Small Trader Majeed Memon are also seen in the picture.


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