ISLAMABAD-Ministry of Finance today refuted news reports appearing in a section of the press, claiming that the first audit report of the present government reveals irregularities and corruption amounting to 270 billion rupees by 40 government departments and ministries during FY 2018-19. In an ...

ISLAMABAD: In a unique Record, Pakistan International Airlines operated 46 flights without passengers, Audit Report for 2016-17 has revealed. The Pakistan International Airlines (PIA) operated 46 flights without any passengers. It was revealed that the national airline suffered huge financial ...

ISLAMABAD - An audit report compiled by then Attorney General of Pakistan has notified mammoth embezzlement and irregularities amounting to Rs1900 billion in power sector only. Likewise, the report states that embezzlement and irregularities worth Rs 208 billion were discovered in projects ...

ISLAMABAD - Accountant General Pakistan Revenue (AGPR) Wednesday informed the Public Accounts Committee (PAC)'s sub-committee that energy ministry had dented national exchequer by Rs20.39 billion avoiding the clause of windfall levy in the contract with an international oil and gas company. The ...

ISLAMABAD - According to the audit report of the last 10 years, the national entity PIA had suffered the losses of Rs360 billion since 2008. PIA incurred the losses of Rs28 billion in 2001, Rs36 billion in 2008, Rs45 billion in 2016, and 44 billion in 2017. The 88 per cent of the losses were ...

Supreme Court of Pakistan has ordered to conduct forensic audit of Auqaf Department Punjab. The order was issued by Chief Justice of Pakistan, Justice Mian Saqib Nisar in Lahore on Sunday while hearing the case of collection of money from boxes placed at shrines. The Chief Justice rejected the ...

ISLAMABAD: Department of the Auditor General of Pakistan has conducted a comprehensive Performance Audit of Neelum Jhelum Hydro power Project, Muzaffarabad with focus on aspects of economy, efficiency and effectiveness. The audit report found weaknesses in areas of financial management, ...

LAHORE – The Chief Justice of Pakistan on Tuesday while issuing notice to Pakistan Railways on forensic audit report summoned a reply from them in this regard. CJP Mian Saqib heard the suo motu case pertaining to huge losses of railways in Supreme Court Lahore registry. The audit officer ...

LAHORE: The Supreme Court (SC) on Tuesday was informed that losses of the Pakistan Railways stand at Rs40 billion. The case was being heard by Chief Justice of Pakistan (CJP) Mian Saqib Nisar at the SC Lahore Registry. The figure was quoted by an audit officer who also presented ...

*ISLAMABAD: Massive irregularities amounting to Rs 8.27 trillion in the accounts of federal government have been discovered by Audit Reports, a top official said here.* Auditor General of Pakistan (AGP), Javaid Jahangir says, ‘alongside Rs 8.2 trillion, Rs 1.15 trillion of irregularities are ...