ISLAMABAD, March 12: Aid agency Oxfam has called for transparency and accountability of international aid directed towards improving lives of millions of deserving Pakistanis, terming it crucial for all aid operations in the country Islamabad News Sources
Mar 13 2012 | Posted in
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ISLAMABAD: Heads of collective bargaining agent (CBA) and top officials of the Oil and Gas Development Company (OGDC) have been found involved in unauthorised payment of Rs266 million under the Workers Profit Participation Fund (WPPF), says findings of an audit report. The auditors, who conducted the audit, have recommended investigating the matter and fixing individual […]
Feb 23 2012 | Posted in
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ISLAMABAD, Feb 15: A Shariah compliance and Shariah audit mechanism for modarabas has been issued by the Securities and Exchange Commission of Pakistan (SECP), which has been lacking in the modaraba business. Islamabad News Sources
Feb 16 2012 | Posted in
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ISLAMABAD: The Auditor General of Pakistan (AGP) has detected 22 cases of fraud, embezzlement, gas theft, irregular appointments and non-recovery of funds, causing a loss of Rs36 billion to Sui Southern Gas Company (SSGC). As a result, the AGP has recommended initiating an inquiry into the conduct of officials in award of contracts, irregular payments […]
Feb 7 2012 | Posted in
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ISLAMABAD: The Auditor General of Pakistan (AGP) has detected 22 cases of fraud, embezzlement, gas theft, irregular appointments and non-recovery of funds, causing a loss of Rs36 billion to Sui Southern Gas Company (SSGC). As a result, the AGP has recommended initiating an inquiry into the conduct of officials in award of contracts, irregular payments […]
Feb 7 2012 | Posted in
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ISLAMABAD: The Auditor General of Pakistan (AGP) has detected 22 cases of fraud, embezzlement, gas theft, irregular appointments and non-recovery of funds, causing a loss of Rs36 billion to Sui Southern Gas Company (SSGC). As a result, the AGP has recommended initiating an inquiry into the conduct of officials in award of contracts, irregular payments […]
Feb 7 2012 | Posted in
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ISLAMABAD: The Auditor General of Pakistan (AGP) has detected 22 cases of fraud, embezzlement, gas theft, irregular appointments and non-recovery of funds, causing a loss of Rs36 billion to Sui Southern Gas Company (SSGC). As a result, the AGP has recommended initiating an inquiry into the conduct of officials in award of contracts, irregular payments […]
Feb 7 2012 | Posted in
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ISLAMABAD: The Pakistan State Oil (PSO) is doling out billions of rupees to its competitors by offering them POL products’ stocks from its depots for sale in open market at a 50/50 profit margin, an equation which can only be exercised in a public entity where management seems interested in damaging its own organisations to […]
Jan 18 2012 | Posted in
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ISLAMABAD: A special audit report, furnished by the Auditor-General of Pakistan, has revealed massive irregularities in the Punjab division of the National Education Foundation (NEF) during 2010-2011. The report found some ‘glaring discrepancies’ in disbursement of salaries, large expenses incurred on fuel use by the headquarters and the minister concerned, ‘unjustified’ travel expenses and […]
ISLAMABAD: In two separate annual audit reports, the auditor general of Pakistan complained of bureaucratic inefficiency, saying the Federal Board of Revenue (FBR) authorities were creating obstacles in the conduct of its audit. The audit reports were on direct and indirect taxes accounts of the federal board of revenue, for the audit year 2010-2011. The reports […]
Dec 21 2011 | Posted in
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