Since PPOD is a public body and HBL is a private company, any type of financial agreement must be forwarded to the Public-Private Partnership Authority to assess tax risks and value for money. Revenue from the agency function represents approximately 50 percent of PPOD`s total revenue. On the contrary, this agreement provides that PPOD must share its own revenues (25 to 50%) with HBL. It is obvious that PPOD is the principal and that HBL acts as an agent. This provision destroys the fundamental principles of the principle-agent relationship. They also said the PPOD would lose its main sources of income (military pensions and savings banks), adding that Pakistan`s finance department and state bank should have been embarked before the agreement was signed. .