EOBI scam: Accused barred from leaving Pakistan

The names of these accused have been placed on the exit control list .


Web Desk July 16, 2013
The names of these accused have been put on the exit control list . PHOTO: FILE

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.

Our Publications

Most Read

COMMENTS (5)

Muhammad Sddique | 7 years ago | Reply

If the financial accounts of EOBI pasted on web site from 01.07.1976 then further massive corruption be indicated. On the other hand Punjab Employees Social Security Institution are also passing through the massive corruption because they are not performing properly. PESSI must be examined accordingly..

The responsibilities of safeguard the working of EOBI are FIA and NAB whose are sleeping insptie of media and newspaper are brought their attention towards the massive corruption resultantly these department must be enquried about the massive corruption in EOBI, they all are on duties and getting salaries and other prequsiite not for sleeping for the safeguard of national interest

Muhammad Sddique | 7 years ago | Reply

If the financial accounts of EOBI pasted on web site from 01.07.1976 then further massive corruption be indicated. On the other hand Punjab Employees Social Security Institution are also passing through the massive corruption because they are not performing properly. PESSI must be examined accordingly..

VIEW MORE COMMENTS
Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ