DESPITE all its efforts to facilitate PIA’s privatisation, it seems the government only ended up being taken for a ride. The long-promised sale of the national flag carrier stalled in rather spectacular fashion on Thursday, when the only bidder participating in the auction offered just about 12pc of its floor price. Blue World City, a real-estate developer and the only party to make it to the final bidding process out of six groups pre-qualified by the government, said it was........

© Dawn