BR100 Decreased By (-1.1%)
BR30 Decreased By (-1.72%)
KSE100 Decreased By (-0.86%)
KSE30 Decreased By (-0.93%)
BECO 5.59 Decreased By ▼ -0.24 (-4.12%)
BML 58.27 Increased By ▲ 0.37 (0.64%)
BOP 33.16 Decreased By ▼ -0.63 (-1.86%)
CNERGY 8.07 Decreased By ▼ -0.08 (-0.98%)
DCL 11.31 Decreased By ▼ -0.48 (-4.07%)
FCCL 52.20 Decreased By ▼ -1.29 (-2.41%)
FCSC 5.44 Increased By ▲ 0.04 (0.74%)
FFL 17.61 Decreased By ▼ -0.23 (-1.29%)
FNEL 1.28 Decreased By ▼ -0.02 (-1.54%)
HUMNL 11.14 Increased By ▲ 0.03 (0.27%)
KEL 7.90 Decreased By ▼ -0.12 (-1.5%)
KOSM 5.30 Decreased By ▼ -0.15 (-2.75%)
MLCF 84.86 Decreased By ▼ -2.54 (-2.91%)
NBP 181.23 Decreased By ▼ -3.01 (-1.63%)
PACE 11.90 Increased By ▲ 0.28 (2.41%)
PAEL 39.45 Decreased By ▼ -0.80 (-1.99%)
PIAHCLA 25.65 Decreased By ▼ -0.47 (-1.8%)
PIBTL 16.87 Decreased By ▼ -0.27 (-1.58%)
PPL 224.90 Decreased By ▼ -3.83 (-1.67%)
PRL 34.11 Decreased By ▼ -0.38 (-1.1%)
PTC 65.80 Decreased By ▼ -1.74 (-2.58%)
SEARL 89.00 Decreased By ▼ -1.93 (-2.12%)
SSGC 26.30 Decreased By ▼ -0.53 (-1.98%)
TELE 8.36 Decreased By ▼ -0.17 (-1.99%)
THCCL 66.90 Increased By ▲ 0.76 (1.15%)
TPLP 9.60 Increased By ▲ 0.27 (2.89%)
TREET 24.10 Decreased By ▼ -0.41 (-1.67%)
TRG 69.79 Decreased By ▼ -1.82 (-2.54%)
WAVES 10.70 Decreased By ▼ -0.28 (-2.55%)
WTL 1.26 Decreased By ▼ -0.02 (-1.56%)

The Lahore Electric Supply Company (Lesco) has decided to recover Rs 11 billion from defaulters with the help of third party as soon an advertisement would be promulgated to engage a private firm for the purpose. It may be noted that Lesco had earlier referred the cases of defaulters to the National Accountability Bureau (NAB) but all in vein, as there was no major success till date. So much so, former Lesco Chief Syed Wajid Ali Kazmi had to pay through his nose for this poor performance. He has been replaced by the ministry for poor performance.
Lesco had disconnected electricity meters of defaulters to recover defaulted amount. The Director Customer Services said the Company would initiate the procedure for hiring a private firm for recovery of amounts from defaulters.

Copyright Business Recorder, 2018

Comments

Comments are closed for this article.