PU donates Rs27 million to CJP-PM dams fund


Punjab University on Saturday donated Rs27 million to the PM-CJP Diamer-Bhasha and Mohmand Dams Fund, a private media outlet reported.

According to reports, Vice Chancellor Dr Niaz Ahmed Akhtar handed over the cheque to Chief Justice of Pakistan Mian Saqib Nisar.

The fundraising for construction of Diamer-Bhasha and Mohmand dams has crossed the benchmark of Rs3.9 billion, according to the latest statistics.

Prime Minister Imran Khan on September 7 addressed the nation, appealing them –especially overseas Pakistanis – to help Pakistan avert looming water crisis and donate for construction of dams.

Until Sep 7, the country-wise data showed that within Pakistan an amount of Rs 1,972,643,520 (Rs1.97 billion) was collected through bank branches, interbank transfers and mobile phone SMS service. In 19 days, the fund collection has almost doubled and reached around Rs 4.12 billion.

The fund has been established by the State Bank of Pakistan on the directions of the Supreme Court. All the commercial and micro-finance banks, and field offices of SBP Banking Services Corporation have opened the fund account to receive donations in cash, and through cheques, pay orders and demand drafts at all their branches across the country.