No Result
View All Result
Monday, June 30, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

    Sardaar Ji 3

    ‘Sardaar Ji 3’ outperforms Salman Khan’s ‘Sultan’ on opening day

    Shefali Jariwala

    Paras Chhabra’s prediction about Shefali Jariwala’s sudden death goes viral

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

    Sardaar Ji 3

    ‘Sardaar Ji 3’ outperforms Salman Khan’s ‘Sultan’ on opening day

    Shefali Jariwala

    Paras Chhabra’s prediction about Shefali Jariwala’s sudden death goes viral

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

Petrol Pump at KE’s land becomes ‘Gold sparrow’ for director finance

Azmat Khan by Azmat Khan
April 24, 2022
The University of Karachi will remain closed. Source: FILE.

KARACHI: The petrol pump set up on the land of Karachi University has become a golden sparrow for the director of finance. The KE is paying an additional monthly electricity bill of about Rs. 3 million for the commercial line.

The petrol pump set up on the land of Karachi University has become a golden bird for the corrupt officials of Karachi University including the Director of Finance (DF). The tender/auction cannot be allotted directly to anyone as per PEPRA, SEPRA rules and SC orders, for this it is necessary to tender the said place and the highest bidder should be allotted the place but here the situation is quite different.

The petrol pump set up on the land of Karachi University has been leased directly to a private party at a monthly rent of around Rs.150,000 against its original rent value of around Rs30 to 40 million. In this context, DF and other officials are gaining lakhs of rupees personally by denting KE’s funds.

On the other hand, due to the petrol pump, the relevant feeder caterpillar of Karachi University has been commercialized, due to which Karachi University has to pay an additional monthly bill of about Rs. 3 million per month. Percentage increase in rent and renewal of contract every 10 years but this is not being implemented and for the last 9 months the file for renewal of contract has been lying with the Director of Finance and it is missing.

Furthermore, the owner of the pump is depositing the old rent directly in the account of Karachi University. Surprisingly, the owner of the pump has paid millions of rupees to other parties for rent of tire shop, service center and shop. According to the rules, after renting or leasing government land or property, the tenant can no longer lease it, while the owner of the petrol pump is receiving three times more amount from these three outlets at the premises as compared to his rent to the KE and in this scenario, the owner is operating the petrol pump just like for free.

According to sources, the concerned officers of Karachi University are receiving more than Rs.1 million per month from this pump and causing a loss of Rs6 million to the KE, which no one is taking notice of. 

ShareTweetSendShare
Previous Post

More than 100 politicians including PM Shehbaz names removed from ECL

Next Post

Tea imports increase by 11.95 percent in 8 months

Related Stories

Justice Sardar Muham­mad Sarfraz Dogar
Uncategorized

Justice Dogar notified as senior-most IHC judge in revised seniority list

June 29, 2025
File photo
Business & Stock

FBR, banks to share data to curb tax evasion

June 26, 2025
File photo
Uncategorized

MDCAT 2025: Expected entry test date in Pakistan announced

June 25, 2025
File photo
Uncategorized

Hunza’s Lexus hotel hit by flash flood

June 25, 2025
File photo
Uncategorized

Malala Yousafzai launches ‘Recess’ to empower women and girls through sports

June 25, 2025
Representational image
Transport

Monsoon rains: PAA issues advisory to pilots over birds

June 25, 2025
SC
Uncategorized

Supreme Court reduces LLB duration to four years

June 25, 2025
File photo.
Uncategorized

SUPARCO predicts Muharram 2005 moon sighting date in Pakistan 

June 24, 2025
(File Photo)
Uncategorized

Actor Yasir Nawaz’s brother Waqar Nawaz passes away

June 24, 2025
In this file photo, a man walks along a dried-up stretch of land in Balochistan. (Image: Asim Khan via Dawn.com)
Uncategorized

Asia warming nearly twice as fast as global average: report

June 24, 2025
Next Post

Tea imports increase by 11.95 percent in 8 months

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

An egregious example of arrogance and haughtiness: Senior politician Manzoor Wattoo offered funeral prayers while sitting in an air-conditioned vehicle
Trending

Sheer arrogance: Ex-CM Punjab Manzoor Watto offers funeral prayers from his car

by MM News Staff
June 29, 2025
This development came after Minister of State for Interior Talal Chaudhry's recent visit to Spain where he met his counterpart, Fernando Grande-Marlaska. (Image: PTV News/File)
Crime

Two Pakistan-wanted fugitives arrested in Spain

by MM News Staff
June 29, 2025
Phone 17 Air: Cutting-Edge Features in Apple’s Thinnest Phone Yet
Technology

Will the iPhone 17 Air be worth the hype? Here’s what to expect from Apple’s thinnest phone

by Zaka Khan
June 29, 2025
Squid Game 3 released on June 27, on Netflix.
Film & TV

Squid Game Season 3: Stream it or skip it?

by MM News Staff
June 29, 2025
(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Rain
Top News

Monsoon showers hit Karachi, more rain expected in coming hours

by MM News Staff
June 28, 2025

Rainfall has begun this morning in Karachi, with reports of light to moderate rain...

file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
File photo

Karachi receives heavy rain with thunderstorm

June 26, 2025
See all

Prices

Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Latest prices of solar panels in Pakistan – June 2025

by MM News Staff
June 29, 2025

The federal government of Pakistan has imposed 10% sales tax on solar panels that...

representative image

Latest gold prices in Pakistan today- June 29, 2025

June 29, 2025
representative image

Gold prices further drop in Pakistan

June 28, 2025
Foreign Currency

Foreign currency exchange rates in Pakistan, 28 June 2025

June 28, 2025
See all

Transport News

(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

The Punjab government has approved a record-breaking development package worth Rs.150.0 billion for Rawalpindi...

file photo

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Maryam Nawaz

Maryam Nawaz orders 240 electric buses for South Punjab districts

June 28, 2025

Two planes avoid major accidents following bird strikes at Karachi airport

June 27, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.