KARACHI: The jittery traders of Timber Market will get full compensation by 14th April for the billions of rupees loss they bore due to blaze on 28th December 2014. Chief minister of Sindh would distribute the cheques among the affectees, a high official from Karachi Chamber of Commerce and Industry on the condition of anonymity said on Wednesday.
The total amount estimated for the loss is Rs3 billion, out of which Rs2 billion would be for the reconstruction of the shops and the buildings damaged around and Rs1 billion as a compensation for the loss of the material.
An affected shopkeeper, Ghulam Hussain, told PPI that the traders of the biggest and oldest Timber Market of Pakistan (since 1938) were all ready for protest on 28th March with banners etc, however due to the government’s assuring for the money it was withheld.
General Secretary Karachi Timber Merchants Group Abdul Hameed Bagla said the government has assured reconstruction of all the shops and compensation of the loss as per claim that has been taken from the traders under oath.
“Our group has never been in favor of protests, but it wants it to be resolved through negotiations,” he said.
He said details for the shops had been submitted to the works and services department which includes a road on which a fire tender could pass to the end of the market, water boring for sucking water out of the ground and overhead water tanks to store water for any emergency.
“A much loss was done due to non-availability of water in the fire brigade headquarters tanks which is nearby the market,” he said.
The mystery of the reason of fire could not be unraveled. One of the traders who were called by the DG rangers Sindh to find out that what caused the fire told that the DG rangers himself was in puzzle that how could a natural fire so vigorously spread in unnatural way in nooks and crannies of the market.
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