*Audit report for financial year 2013-14 cites embezzlements, violation of rules, unauthorised occupation of public land and related malpractices in PAF
ISLAMABAD: The Auditor General of Pakistan (AGP) has detected serious financial irregularities exceeding Rs 30 billion, including embezzlements, violation of rules, unauthorised occupation of public land and related malpractices, in the annual accounts of Pakistan Air Force (PAF).
In its audit report for the financial year 2013-14 on the PAF accounts, the AGP has found that unauthorised expenditure exceeding Rs 25 billion has been incurred by the PAF authorities in terms of awarding an illegal consultancy contract to a private firm to execute a highly classified project. Moreover, the AGP has highlighted six instances related to unauthorised or illegal occupation of public land by the PAF that caused the national exchequer a loss of Rs 355 million in the last financial year.
According to the audit report, the PAF awarded contract number 08/2008 in an ‘unauthorised, illegal and incompetent’ manner, valued at Rs 429.234 million, to Kashif Aslam & Associates Private Limited for the development of PAF Base Shahbaz in Jacobabad, instead of awarding this contract to Military Engineering Services (MES), that is the competent authority to carry out such sensitive contracts in the defence sector. The project’s initial cost was Rs 7 billion but escalated to a total cost of Rs 25 billion under highly questionable circumstances amid alleged financial foul play committed by the PAF officials in collusion with the consultant.
Continue reading Financial irregularities of Rs 50 billion detected in PAF