Sports Directorate KP Withholds Contractors' Security Deposits for Over a Year, Raising Concerns

 

 

Contractors working with the Sports Directorate of Khyber Pakhtunkhwa are facing concerns over the non-payment of their security deposits for over a year. Despite the approval of PC4 (Project Clearance Committee 4), contractors haven't received their security deposits back, causing financial hardship and worry.

Sources within the department, speaking on condition of anonymity, confirmed the issue. They revealed that despite submitting the required security deposits, contractors haven't received their money back for more than 12 months. This raises serious questions about the Directorate's financial practices and adherence to contractual obligations.

Adding to the frustration, some officials are allegedly admitting to spending the deposited security money for other purposes, a clear violation of financial regulations. This lack of transparency and accountability further exacerbates the contractors' anxieties.

The non-payment of security deposits significantly impacts small and medium-sized contractors, often hindering their ability to bid for future projects. This situation creates an unfair playing field and discourages participation in the directorate's projects.

The relevant authorities must investigate this matter urgently and ensure the immediate return of all outstanding security deposits to the affected contractors. Transparency and accountability in the utilization of public funds are crucial for maintaining trust and promoting ethical practices within the Sports Directorate.

#KPKontractors #SecurityDepositScam #SportsDirectorateKPK #FinancialMismanagement #PayUpNow #ContractorRights

 

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