BR100 Decreased By (-1.72%)
BR30 Decreased By (-2.68%)
KSE100 Decreased By (-1.36%)
KSE30 Decreased By (-1.26%)
AGHA 6.41 Decreased By ▼ -0.17 (-2.58%)
BECO 4.29 Decreased By ▼ -0.09 (-2.05%)
BML 54.36 Decreased By ▼ -1.17 (-2.11%)
BOP 28.89 Decreased By ▼ -1.04 (-3.47%)
CNERGY 12.21 Decreased By ▼ -0.51 (-4.01%)
CSIL 5.03 Decreased By ▼ -0.17 (-3.27%)
FCCL 50.00 Decreased By ▼ -1.13 (-2.21%)
FFL 13.82 Decreased By ▼ -0.59 (-4.09%)
FNEL 1.17 Decreased By ▼ -0.05 (-4.1%)
KEL 5.62 Decreased By ▼ -0.35 (-5.86%)
KOSM 5.36 Decreased By ▼ -0.21 (-3.77%)
LOTCHEM 25.30 Decreased By ▼ -0.95 (-3.62%)
MLCF 88.24 Decreased By ▼ -1.90 (-2.11%)
NBP 156.95 Decreased By ▼ -5.16 (-3.18%)
NCPL 51.17 Decreased By ▼ -1.45 (-2.76%)
NPL 54.16 Decreased By ▼ -3.82 (-6.59%)
OGDC 310.34 Decreased By ▼ -4.28 (-1.36%)
PACE 9.19 Decreased By ▼ -0.51 (-5.26%)
PAEL 33.01 Decreased By ▼ -1.76 (-5.06%)
PIBTL 13.19 Decreased By ▼ -1.01 (-7.11%)
PPL 216.48 Decreased By ▼ -4.18 (-1.89%)
PRL 87.42 Decreased By ▼ -2.93 (-3.24%)
PTC 56.55 Decreased By ▼ -2.32 (-3.94%)
SSGC 22.48 Decreased By ▼ -0.79 (-3.39%)
TBL 8.66 Decreased By ▼ -0.01 (-0.12%)
TELE 6.97 Decreased By ▼ -0.39 (-5.3%)
TPL 20.67 Decreased By ▼ -0.35 (-1.67%)
TPLP 11.60 Decreased By ▼ -0.50 (-4.13%)
TREET 20.38 Decreased By ▼ -0.98 (-4.59%)
TRG 51.45 Decreased By ▼ -2.94 (-5.41%)

LAHORE: Punjab University’s (PU) spokesperson on Monday rejected allegations by the Joint Action Committee (JAC), accusing some of its leading members of using pressure tactics to stall inquiries against themselves and block action over alleged billion-rupee corruption in Town-III.

Speaking at an emergency press conference, the spokesperson said appointments, administrative matters and other complaints involving prominent JAC members, including alleged personal use of university premises, were being examined under the law and university rules.

He stressed that accountability proceedings would not be stopped by protests, and that the administration would neither retaliate nor yield to pressure.

Defending the university’s finances, he said income had risen from about Rs7 billion to Rs12.5 billion in two years, while the budget deficit fell from Rs2.86 billion to Rs1.6 billion. He added that about 5 million units of electricity had been saved, and that admissions topped 15,000 for the first time, an increase of over 40 percent.

All financial decisions, he said, were approved by statutory bodies including the Syndicate and the Finance and Planning Committee.

Copyright Business Recorder, 2026

Comments

200 characters remaining