ISLAMABAD – The Auditor General of Pakistan (AGP) has detectedmisappropriation, irregularities, mismanagement and operationalinefficiencies of over Rs 70 billion in Pakistan Railways.
The audit report on the accounts of Pakistan Railways for the year 2017-18revealed:
– theft, embezzlement and blockage of capital worth Rs 27.56 billion (39%) – issues related to Railways land worth Rs 27.66 billion (39%) – recoveries pointed out worth Rs 11.336 billion (16%) – issues related Public Sector Development projects worth Rs 3.9 billion (6%)
In six cases, auditable record was not provided for audit scrutiny.
The total operational working expenses amounting to Rs 80.38 billion weremuch higher than the gross earnings of Rs 40.064 billion and resulted in anoperational loss of Rs 40.316 billion.
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Encroachment of Railway land valuing Rs 26.64 billion was noticed in theAudit. It was observed that 6487 acres land valued at about Rs 13.21billion was encroached by individuals, government departments and defensedue to Railway’s negligence. The AGP recommended that action be taken forearly retrieval/regularization of land and responsibility be fixed againstthose found negligent.
The audit further observed that PR sustained a loss of Rs 13.557 billion onaccount of inordinate delay in repair of locomotives. Further recoverablesamounting to Rs 10.013 billion were noticed in the report.
