EOBI scam: SC orders for involved officials’ names to be put on ECL

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The Supreme Court on Tuesday ordered for the names of the officials involved in the Employees’ Old Age Benefit Institution (EOBI) multi-billion scam to be put on the exit-control list (ECL).

The SC also directed the Federal Investigation Agency (FIA) to refrain from harassing anyone during the investigation into the scandal.

The directions were made by a three-member bench headed by Justice Anwar Zaheer Jamali during the hearing of the EOBI land scam case.

During the proceedings, EOBI Chairman Muhammad Ayub Sheikh told the court that the decision of returning the land or taking money for it was the discretion of the EOBI board of trustees.

He informed the bench that as the board of trustees was not functional at the moment because of allegations of corruption against the members, the decision would be taken after the formation of a new board.

Justice Jamali said the ball was in the EOBI’s court.

Sheikh said the formation of a new board could take 60 days after which the decision would be conveyed to the court.

Justice Jamali said harassing land owners, who had complied with the court’s orders by submitting investment of EOBI in shape of cheques in the Supreme Court was not justified.