Pakistan Post faces loss of 500 million rupees: Report

ISLAMABAD: Pakistan Post Office has revealed that the state-run enterprise has lost more than 50 crore rupees in the year 2021-22.

According to the documents available with Daily Ausaf/ABN News, in different cases of fraud, theft, misappropriation, robbery, and embezzlement, the Pakistan Post Office facing the loss of more than 50 crore rupees.

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According to the report, 229 incidents including theft, misappropriation, dacoity, and fraud have been reported in just three years, 79 cases were reported in 2021-22 and 86 cases were reported in 2020-21.

Reports available with Daily Ausaf revealed that, in 2021-22, the Pakistan Post suffered a loss of more than 11 crore 50 lakh.

Meanwhile, Pakistan Post Office has suffered a loss of 13.18 million rupees in 86 cases during 2020-21. As for 2019-20, 14 incidents have been reported and in these 14 incidents, the Pakistan Post Office has suffered a loss of more than 256.2 million rupees.