Monday, 24 June 2013

Committee to look into alleged shady Employees Old-Age Benefits Institution (EOBI), deals

Islamabad

Alleged shady deals and transactions in recent few years in the Employees Old-Age Benefits Institution (EOBI), has apparently ‘encouraged’ even low-paid employees to plunder the wealth of pensioners and workers.

Lack of accountability and audit emboldened an assistant to get Rs11.3 million transfer contributions, who after being caught red-handed, deposited back Rs4.919 million as a plea bargain to go away with the remaining booty.

EOBI, which collects contributions from

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