*LAHORE: Special audit report of the Orange Line Metro Train project hasbeen submitted to the federal government on Tuesday.*
The report has revealed loss to the national exchequer and allegedirregularities worth billions of rupees.
The report disclosed that important record about where the LahoreDevelopment Authority (LDA) had spent funds had been missing. The reportsaid no framework agreement existed between the federal and provincialgovernments.
The audit report said alleged payment of Rs2 billion had been made withregard to civil works. It said sub-contractors were granted severalcontracts without any approval.
The report said a loss of 1,528,000 US dollars had been incurred to thenational exchequer. It said more than 1.4 million dollars had been spent onthe basis of favoritism with regard to project allowance.
Read Top Stories
On April 16, hearing the case related to delay in completion of the OrangeLine Metro Train project, the Supreme Court (SC) Justice Azmat Saeed hadremarked that the said work on the project should not stop because of funds.
A three member bench of the Supreme Court had taken up the case.
Observing the delay in the completion work, Justice Azmat Saeed had warnedthat the matter can be referred to the National Accountability Bureau (NAB)as the company failed to fulfill its deadline.
