ISLAMABAD: All those accused in the Employees’ Old Age Benefits Institution (EOBI) scam have been barred from leaving the country, Express News reported on Tuesday.
The names of these accused have been placed on the exit control list (ECL).
On June 29, the Supreme Court took suo motu notice over a note sent by the court registrar, based on a TV programme suggesting that the institution had violated article 9 (security of person) and 24 (protection of property rights) of the Constitution.
The Federal Investigation Agency (FIA) formed six teams to expedite investigation into the multibillion corruption scam on July 5.
A preliminary probe indicates that top executives of the EOBI invested around Rs40 billion into the private sector, flouting rules and without a prior approval of EOBI’s Board of Trustees. The probe has revealed that the then chairman, Zafar Gondal, had received kickbacks either directly or through subordinates and front-men.