PEOPLE who have invested their small savings in the Pakistan Post Savings are now running from pillar to post to secure long overdue profits. The last profits were given in 2009-10 and since then nothing has been added, resulting in dwindling funds and increasing their financial problems.

On the other hand, sadly, according to media reports, the postal department suffered a loss of Rs599 billion owing to fraud and misappropriation during the last five years.

Also, embezzlement and misuse of funds is widely prevalent in the department as disclosed by none other than Pakistan Post director-general. He told the National Assembly’s Standing Committee recently that 538 cases of misappropriation have been unearthed and Rs107 million was recovered from the guilty officials.

While it is satisfactory to note that the department has launched a campaign against its own dishonest officials, the account holders have been left in the lurch.

Local post officials say they have written to the Postmaster General office a number of times for the release of necessary funds to pay the profits but the money is still awaited. The agony of the account holders grows day by day.

Fawad Hashmey

Lahore

Published in Dawn, August 3rd, 2015

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