State Life Insurance reports fraudulent activity

KARACHI: In a bid to strengthen its capability and improve its responsibility towards the nation, State Life Insurance Corporation of Pakistan implements strict policies to punish those officials/officers who are cheating with the cooperation. In view of this determination, State Life Regional Chief (Central Lahore) reported the matter of fraudulent payments to head office, Karachi, which initiated a detailed investigation into the matter and recovery of loss amount within the department. The competent authorities in State Life Insurance Corporation had immediately formulated a committee to probe the matter and bring the facts on record and fix the responsibility vide order dated October 22, 2015. Those found guilty in the department proceedings were awarded punishments and recovery of amount was imposed as per State Life Employees (Services) Rules 1973.

Published in The Express Tribune, April 21^st, 2017.

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