Controversial Appointment: Accused Corruption Figure Named EOBI Director General

eobi appointed accused as director general of banking service

The recent controversy at the Employees Old Age Benefits Institution (EOBI) revolves around the EOBI appointed accused as Director General of Banking Service.

The retirement community is in shock to learn that the Employees Old Age Benefits Institution (EOBI) has selected Asif Azad, a man with several corruption cases, to be the Director General of Banking Services. This action has raised many questions and concerns regarding financial audits.

Background of the Controversy

Asif Azad’s problems are currently not the main highlight. He is the subject of a minimum of eight FIRs filed by the Federal Investigation Agency (FIA). He was previously suspended from his workplace for three years and experienced life in Adyala Jail.

The Supreme Court of Pakistan sentenced him in a 40-billion-rupee corruption case, the largest in the country. Nevertheless, he was a government employee who benefitted from perks such as a vehicle, fuel allowance, and housing.

The Shocking Appointment

It is quite hard to understand how a person with such a long criminal record could return to a position of authority. The EOBI is a trust-oriented institution that assists employees after their retirement through financial assistance.

Yet, it appears they have overlooked Azad’s misdeeds. This decision raises questions about the decision-making process and control protocols within the department.

As damaging as his promotion to a high post is, it’s not just the legitimacy of the EOBI and the financial sustainability of retirees that are harmed by Azad’s comeback. The EOBI’s credibility is already on thin ice, and this promotion further undermines the institution’s remaining credibility.

eobi appointed accused as director general of banking service

Public Outcry and Potential Implications

The decision to appoint Azad has sparked a storm of questions and anger among both pensioners and the general public. Most people see it as an abuse of power that tarnishes the EOBI’s reputation. Many voices are demanding that the decision be immediately reversed to ensure the welfare of pensioners.

If Azad is allowed to hold a key post in close collaboration with the EOBI, its integrity will be seriously compromised, potentially leading to corruption issues in the future. The resolution must comply with the public outcry demanding immediate corrective action.

To regain the trust of the elderly worker community and be transparent with them, the EOBI must reconsider this appointment. The top priority should be restoring independence to the institution, ensuring peace of mind for retirees in their final years, knowing their benefits come from a reputable source.

It has also come to public attention that a decision has been made which does not align with their interests, causing dissatisfaction. As a result, they have signed a petition requesting its cancellation. The EOBI administration should heed the community’s call and revoke this decision, prioritizing the welfare of pensioners.

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One Comment

  1. I think the expenditure comes on the salaries, allowances, housing, vehicles provided to the EOBI employees and other facilities are greater than the amount disbursed to the old aged pensioners. I strongly denands account both, how much amount is spends on the expenditure of EOBI employees and amount disbursed to the old aged pensioners.

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