HBFC turned into the hub of corruption and nepotism.

Islamabad -- The House Building Finance Company Limited (HBFC) has turned into the hub of corruption and nepotism.

The inner sources stated that the persons who had recruited through merit had been removed from services without any reason.

Sources stated that some persons that age were above 60 getting Rs 1 million monthly salaries. Sources stated that the officers recruited during the term of former MD Sadiq ul Farooq had allegedly took control of whole department.

Sources stated that Sadiq ul Farooq had brought number of blue-eyed persons in this department. Most of them were performing the duties as head of different zonal offices. Current MD State bank was also one of the...