Titas Gas faces Tk 736cr shortfall in pension fund

The state-run Titas Gas has a provision shortfall of Tk 736 crore in its pension fund, according to the company's audit report. Besides, the listed natural gas distribution company did not keep any provision against its fixed deposit receipts (FDRs) with Padma Bank and ICB Islamic Bank, it said. In its financial statements, Titas Gas showed that it is owed about Tk 168 crore