Taliban Militants Say They Will Target Pakistan Army-Owned Firms
Live Mint-- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Militants belonging to Tehreek-i-Taliban Pakistan or TTP said they will now target local businesses, including listed firms, owned by the South Asian nation’s powerful army. TTP’s target include Fauji Cement Company Ltd., Askari Bank Ltd., Fauji Fertilizer Company Ltd., Fauji Foods Ltd., Askari Cement Ltd., Askari Fuels, National Logistic Cell, Frontier Works Organization, Pakistan Ordnance Factory, Fauji Foundation, the Defence Housing Authority and all the institutions that have military’s shares in them. Late last month, Kabul said it hit “several points” including military posts inside Pakistan in retaliation for the deadly air strikes allegedly carried out by Pakistan against Afghanistan on December 24. Pakistan’s army spokesperson Lieutenant General Ahmed Sharif Chaudhry last month said it killed more than 900 terrorists in 2024, the most in past five years, including “high value targets” and suicide bombers from neighboring Afghanistan.