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National Accountability Bureau (NAB) Khyber-Pakhtunkhwa on Wednesday arrested accused Gulzar Ali, ex-secretary to Chairman Higher Education Regulatory Authority (HERA), allegedly involved in embezzlement of public money by depositing the same in his personal bank account. In order to hide his malpractices he did not properly maintain the accounts related record of HERA.
It is worth mentioning here that the accused person not only refused to appear before the departmental inquiry committee constituted by Higher Education Department Government of KP, but also destroyed/concealed the office record. HERA being unable to recover the looted money requested the NAB (KP) to conduct an inquiry against the accused and recover the money so embezzled. As per details, private colleges and universities operating in the province are to be registered with HERA by depositing registration fees and renewal fees after every year. For the purpose of all financial transactions to be made in the name of HERA, an official bank account is maintained. However, the accused Gulzar Ali directed some universities and colleges to deposit their registration/renewal fees in his personal bank account in MCB University Town Branch, Peshawar.
Scrutiny of bank record of the said account confirmed the complaints lodged by the officials of educational institutions. Moreover, he allegedly used to demand and obtain money from the educational institutes in the name of TA/DA during his scrutiny visits to these institutes. He also overcharged the fees from educational institutes in some cases.

Copyright Business Recorder, 2014

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