Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

PM dismisses EOBI Chairman Zafar Gondal

byCT Report
12/08/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has issued dismissal orders of former Employees Old-Age Benefits Institution (EOBI) Chairman Zafar Gondal.

According to a notification issued by the prime minister house, Gondal’s dismissal orders were issued upon completion of multiple inquiries by competent officers.

You might also like

SECP proposes higher borrowing limits for microenterprises & housing loans

29/09/2026

Attock Refinery plans new 50,000 bpd deep-conversion refinery alongside $600m upgrade

28/09/2026

“The documentary evidence against Mr Gondal is so clear and compelling that the inquiry officer is completely justified in concluding that the charges against him stand fully proved,” the notification said.

It was concluded by the inquiry officer that Gondal resorted to delaying tactics during the trial including seeking open-ended adjournments and not responding to the statement of allegations and charge sheet despite having received and acknowledged the said documents.

Upon receiving the recommendations – put forth by the inquiry officer on January 4, 2017 – the premier used his authority under the ambit of ‘Government Servants (Efficiency and Discipline) Rules 1973’ to conclude Gondal was guilty, beyond reasonable doubt, of ‘corruption’, ‘misconduct’ and inefficiency.

The Federal Investigation Agency (FIA) initiated investigations against Gondal for causing a Rs44 billion loss to the national exchequer through underhand land deals. Gondal allegedly violated EOBI’s investment rules to buy land in Lahore, Islamabad, and Karachi at exorbitant prices. The official record suggested that the EOBI board vehemently opposed the controversial land deals.

Related Stories

SECP proposes higher borrowing limits for microenterprises & housing loans

byCT Report
29/09/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum loan limit for microenterprise and housing...

Attock Refinery plans new 50,000 bpd deep-conversion refinery alongside $600m upgrade

byCT Report
28/09/2026

ISLAMABAD: Attock Refinery Limited (ATRL) is considering setting up a new 50,000 barrels-per-day (BPD) deep-conversion refinery alongside its planned $600...

SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

byCT Report
26/09/2026

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan are exploring new avenues of collaboration to help...

OGRA cuts LNG prices by up to $3.91 per MMBtu

byCT Report
25/09/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a significant reduction in liquefied natural gas (LNG) prices for...

Next Post

Turkey seeks to modernize customs union with EU through business diplomacy

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.