Public Accounts Committee unhappy with PAEC, FBR audit objections
• AGP says IMF worried over delay in audit process
• PAEC says purchases made for nuclear power plant were ‘transparent’
• Rs312bn fraud foiled, claims Langrial; PAC wonders if FBR operating as ‘private entity’
ISLAMABAD: The Public Accounts Committee (PAC) of parliament while examining audit objections concerning the Pakistan Atomic Energy Commission and Federal Board of Revenue on Wednesday voiced dissatisfaction over systemic and procedural shortcomings resulting in losses worth billions to the exchequer.
During the session held under the chairmanship of Junaid Akbar, irregularities amounting to Rs1.15bn were identified in the spot procurement for the Karachi Nuclear Power Plant, according to audit officials.
However, PAEC chairman Dr Raja Ali Raza Anwar defended the purchases, stating that all procurements were made following the National Command Authority’s regulations.
PAC members expressed dissatisfaction over the absence of Law Ministry’s representatives from the meeting and directed the secretary concerned to ensure participation in future meetings.
The committee also examined an agreement with China for the supply of........
© Dawn Business
