PBM officers spend lavishly from fund allocated for poor.
Islamabad -- Pakistan Bait-ul-Maal (PBM), established purely to help the poor and helpless has set new records of lavish spending by the bureaucracy with the elusion of its Managing Director.
A hefty amount is being spent by officers instead of spending on the poor people but the concerned authority MD PBM was not paying heed towards this genuine matter, revealed a document available with 'reporter'. It disclosed that officers were spending Rs 930 million instead of Rs 800 million per annum while a sum of Rs 130 million extra money was being spent by the officers.
Ironically, these funds were allocated to be spent on the poor and needy people. In 2016, Pakistan Bait-ul-Maal (PBM), was given Rs 4 billion to be spent on the poor while Rs 800 million were given to administration to meet its expenditures.
Officers overseeing administrative affairs spent Rs 930 million instead of Rs 800 million and spent overall over Rs 3.27bilion and spent Rs 610 million on lavish expenditures. During Nawaz Sharif's regime instead of lessening administrative expenditures, were increased upto 16.29 percent while on the other hand, funds allocated for the poor and need persons were decreased, which unmasked the dishonesty and ill intention of PBM officers and the Head.
The documents further revealed that PBM also purchased two flats in Pakistan Housing Society from the amount allocated for the poor people and a sum of Rs 9.1 million were paid in advance. It further unearthed that PBM officers received Rs 253 million in advance, which is 35% increase in advance as compared to previous year.
Pakistan Bait-ul-Maal (PBM) officers in the name of giving money to deserving people under child support programme, paid Rs 700 million to bank as advance money while during the last year this amount was only Rs 12 million. Notwithstanding the fact that this institution was established aimed to provide funds to poor, needy and deserving people but officers of PBM were engaged in looting it with both hands. When contacted head of the PBM to know his stance, he did not bother to comment on this.