Headlines

Evacuee Trust Property Board recovers Rs463.3 million in rent, lease payments

The Evacuee Trust Property Board (ETPB) has successfully recovered Rs463.3 million from various districts in rent and lease payments related to its properties. 

As per media reports, the recovery was made from several districts, with notable amounts collected from Lahore-1, Peshawar, Sukkur, and Karachi Urban and Rural areas.

Lahore-1 led the recovery efforts with Rs136.4 million, followed by Peshawar with Rs118.7 million, and Sukkur with Rs94.6 million. 

Other districts contributing to the recovery include Karachi Urban and Rural with Rs48.5 million, Rawalpindi with Rs46 million, and Lahore-2 with Rs49 million. 

A total of Rs1.71 billion in dues is still pending, with the ETPB having recovered approximately 27% of this amount.

In addition to these larger recoveries, smaller amounts were collected from districts including Multan (Rs42 million), Sahiwal (Rs10 million), Layyah (Rs10.4 million), Sialkot (Rs10.4 million), Sargodha (Rs4.8 million), Gujarat (Rs27.9 million), and Bhakkar (Rs11 million). Other areas such as Gujranwala, Faisalabad, Sheikhupura, Okara, Kasur, and Bahawalpur also contributed to the overall recovery.

However, progress remains stalled in three cities — Jhang, Hyderabad, and Quetta — where no recovery has been made. The outstanding dues for these cities are Rs40.3 million for Jhang, Rs70.97 million for Hyderabad, and Rs10.09 million for Quetta.

The ETPB continues to work on recovering the remaining dues, which total Rs1.24 billion, in order to address the full scope of its financial liabilities.

Related posts

DG NAB holds open court, hundreds seek justice for housing fraud

Brackly Bot

EPA chief suspended amid controversy over GMO soybean meal imports

Brackly Bot

Silkbank to be delisted from PSX on April 7th

Brackly Bot

CSIL rejects Tristar’s price manipulation allegations, warns of legal action

Brackly Bot

Fed chief warns tariffs to hit harder than expected, fuelling inflation and slower growth

Brackly Bot

Sindh’s rightful water share will not be affected in any way, Dar assures NA 

Brackly Bot

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy