LCCI raises alarm over EOBI raids

LCCI President, Senior Vice President and Vice President urge authorities to immediately halt coercive measures

By Our Correspondent
February 13, 2025
The Lahore Chamber of Commerce and Industry (LCCI) building in Lahore. — Facebook@Lahore Chamber of Commerce & Industry/File
The Lahore Chamber of Commerce and Industry (LCCI) building in Lahore. — Facebook@Lahore Chamber of Commerce & Industry/File 

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed deep concern over the increasing number of raids on business premises conducted by the Employees Old Age Benefits Institution (EOBI), describing them as a direct threat to economic stability, investor confidence, and the overall business environment. In a statement on Wednesday, LCCI President Abuzar Shad, Senior Vice President Engineer Khalid Usman and Vice President Shahid Nazir urged the authorities to immediately halt such coercive measures, which are causing anxiety and distress among traders and industrialists.