LAHORE: The Auditor Normal of Pakistan has unearthed irregularities totalling over Rs36.94 billion within the accounts of the Executive of the Punjab right through the monetary yr 2015-16.
The AGP file, to be had with The Categorical Tribune, issues out Rs.20.64 billion value of reported instances of fraud, embezzlement, and robbery, misuse of public assets amounting to Rs.1.04 billion, losses because of the weaknesses of inside controls to the music of Rs1.82 billion, recoveries and overpayments representing instances of established overpayments or misappropriations of public cash of Rs4.11 billion, losses because of non-production of data valued at Rs7.81 billion, and different instances similar to injuries and negligence amounting to Rs1.52 billion.
Different tabulations within the AGP file display unsound asset control inflicting losses of Rs414.21 million, susceptible monetary control hitting the exchequer for Rs11.92 billion, susceptible inside keep an eye on when it comes to monetary control inflicting Rs23.five billion in losses, and ‘others’ being chargeable for Rs1.11 billion in losses.
The important thing audit findings of the file integrated misappropriation of budget amounting to Rs1.04 billion, spotted in 9 instances, recoveries identified in quite a lot of sections amounting to Rs3.12 billion, unauthorised bills of Rs547.05 million, spotted in 4 instances, non-production of report amounting to Rs7.811 billion, spotted in 10 instances, 13 instances of abnormal expenditure and violation of regulations amounting to Rs1.12 billion, loss of inside controls spotted in twelve instances amounting to Rs1.55 billion, 5 instances concerning nonproduction of belongings amounting to Rs405.45million, and one case of non-adjustment of advances inflicting losses of Rs122.84 million.
The AGP studies additionally discovered fail to remember in opposition to prescribed frameworks, irrelevant use of budget, deficient report control, loss of transparency in procurements, and mismanagement of receipts in several departments of the Executive of the Punjab.
The AGP’s file confirmed that right through the audit of quite a lot of formations of the agriculture division, data weren’t produced, nor was once the vouched quantity of Rs276.27 million equipped for audit scrutiny.
The AGP’s file confirmed that right through the audit of the finance division for 2014-15, the auditable report of vouched accounts, monetary statements, report associated with dedication fees, sanctions authority letters and others amounting to Rs43.917 billion weren’t produced for audit. It additionally confirmed that right through the audit for the yr 2014-15, it was once noticed that the dept equipped loans to quite a lot of corporations at a uniform rate of interest of zero.25 in line with cent in line with annum and compensation inside 5 years at the side of a two-year grace length with out executing any agreements between the federal government and the firms. The AGP was once of the view that the grant of loans with out executing agreements may lead to headaches within the payback of those loans.
The AGP’s file confirmed that right through the audit of the meals division, it was once noticed that quite a lot of contracts have been awarded for the procurement of quite a lot of pieces similar to jute luggage, PP luggage and AP drugs amounting to Rs7.11 billion. The audit, alternatively, didn’t in finding any evidence that, on the time of analysis of technical proposals, specs of fabrics to be procured have been examined via recognised govt laboratories.
All through the audit of the well being division, it was once noticed that scientific, surgical, and chemical pieces amounting to Rs2.02 billion have been produced in violation of PPRA regulations. The audit was once of the view that susceptible supervisory and monetary controls resulted within the said two-plus billion rupees in abnormal expenditure.
Upper schooling division
All through the audit of the upper schooling division (HED), auditable data of Rs3.95 billion weren’t produced to audit and the AGP was once of the view that because of non-production of those paperwork, it would no longer confirm the authenticity of HED’s accounts.
The AGP file additional disclosed that an quantity of Rs3.996 billion was once invested in several banks with out enjoyable prevailing prerequisites. The audit was once of the view that non-observance of regulations and susceptible administrative controls led to unauthorised investments.
All through the audit of the house division, the auditable report and the vouched account of the releases and bills amounting to Rs2.07 billion made to quite a lot of organisations and team of workers weren’t produced for scrutiny. The AGP was once of the view that because of non-production of those data, audit may no longer confirm the authenticity of the accounts.
The put up AGP file: Punjab accounts display irregularities at Rs36b seemed first on The Categorical Tribune.