Monetary misappropriation of almost 370 million Rupees was discovered by the Ministry of National Heritage. The administration of Aiwan-e-Iqbal were transferring the rent to private accounts, instead of submitting the rent in government accounts.
According to reports, officials were found disbursing an amount of Rs. 43 million, which they received as interest over the real amount. The higher ups are reluctant to express their views over the embezzlement.
In another report, it was revealed that private institutes have illegally occupied the building of Aiwan-e-Iqbal, which is a property of Ministry of National Heritage. The authorities failed to recover the building and could also not recover Rs. 133.7 million rent from the occupants.
Aiwan-e-Iqbal is situated at Mall road Lahore. One of its floors was occupied by Huawei and the company has not paid their rent, which amounts to three million rupees.
Cellular company, Zong, has also grabbed half the floor and has not paid millions of Rupees. Center for Excellence has refused to pay Rs. 3.1 million while COMSATS has also occupied a floor on the building. Officials of TBOS have also refused to pay a single penny for rent while SMEDA has also rejected to vacate the building.
It has been revealed that Iqbal Academy Lahore receives an annual grant from government but their administration has not paid electricity bills. The Academy has a debt of Rs. 120.5 million on electricity bills alone.
Pakistan Software Export Board is neither paying the rent nor vacating the building. On the other hand, the administration of Aiwan-e-Iqbal received Rs. 200 million during the last three years but did not submit the amount to national exchequer.