The Ministry of Social Affairs denied today it has converted ownership of about 100 million shares of Arkan Building Materials Company to 10,000 recipients of social assistance, said the official news agency WAM.
”We have nothing to do with Arkan shares,” the ministry said in a statement it issued in reply to a news report published a local daily paper quoting the ministry.
The Ministry affirmed that its role in the matter had been to provide information about families under the social security umbrella.
”The Ministry has no right to convert the ownership of these shares to those beneficiaries,’ the statement emphasised.
