Rs.145.962 billion fraud detected in Pak Defence Ministry accounts

Islamabad, Oct. 20 (ANI): The Auditor General of Pakistan (AGP) has found massive irregularities worth 145.962 billion rupees in the accounts of the Pakistani Defence Ministry.

According to its report, the original budget allocated for the ministry was 246.202 billion rupees in 2008-09, which was later revised to 256.093 billion rupees.

"The organisation of susceptible to costlier errors are procurement directorates, military estate office, cantonment boards and military engineer services," The Daily Times quoted the report, as saying.

The AGP detected shocking frauds in the Rawalpindi Cantonment Board funds.

"On test check basis, the audit pointed out that 528.972 million rupees had been misappropriated but the fraud would come to the fore only after the completion of the departmental inquiry," the report said.

The report concluded that the irregularities included, misuse of land in cantonments, diversion of public funds and resources to non-public usage, weak contact management and administration, violation of rules, non-recovery of government/cantonment dues, losses and blockage of public money. (ANI)