Former president Pervez Musharraf has decided to close down his welfare foundation after finding anomalies of around Rs 100 million collected for the rehabilitation of flood victims. Sources that during the charity campaign, Pervez Musharraf Foundation had collected Rs 260 million for flood victims. “Of Rs 260 million, the foundation had only spent Rs 10.5 million on a housing scheme for the flood victims in Muzaffargarh,” sources added.
Sources claimed that the office-bearers of the foundation were involved in the embezzlement of around Rs 100 million keeping Pervez Musharraf in dark. “The act of the officials of the foundation has put the former president under stress; therefore he has decided to close down the foundation,” sources maintained. Sources said Musharraf has also approved the transfer of remaining funds of Rs 145 million to a NGO, HRD based in London on the suggestion of his close aides Rashid Qureshi and Dr Amjad.
Musharraf decides to close down charity
