Karachi Colleges Ban Cash Payments to Prevent Misappropriation

In a significant move to enhance financial transparency, the Directorate of Colleges Education for the Karachi Region has officially banned all colleges from accepting cash payments from students. This directive is aimed at preventing financial misappropriations and ensuring a streamlined payment system.

Official Notification

Key Directives

According to a notification issued by Regional Director Faqir Muhammad Lakho, the following guidelines have been enforced:

• No college in Karachi is permitted to collect cash fees at student service counters.

• College principals must oversee daily operations at student counters.

• All student payments should be made directly into the designated college bank accounts.

• Any irregularities will result in strict action against the respective college principal.

Reasons Behind the Ban

Preventing Financial Mismanagement

The decision to prohibit cash transactions comes in response to an incident at Government College for Women Nazimabad and Jinnah College Nazimabad, where:

• Staff members misappropriated examination fees meant for associate degree students.

• Due to this malpractice, 250 students did not receive their admit cards on time.

Immediate Actions Taken

To address the crisis, Dr. Zafar, Controller of Examinations at the University of Karachi, took emergency measures to issue admit cards to affected students. Additionally:

• The college principal filed an FIR against those responsible for the misappropriation.

• Authorities are now tightening financial oversight to prevent future occurrences.

New Fee Payment Process

Below is a breakdown of the new fee submission system:

Implications for Students and College Administration

For Students:

• More secure and transparent fee submission process.

• No risk of losing receipts or being overcharged.

• Potential availability of online payment options for added convenience.

For College Administration:

• Better financial oversight and reduced risk of misappropriation.

• Clear documentation of all payments, enhancing accountability.

• College principals will be directly responsible for monitoring financial transactions.