Pakistan Today

Misappropriations in Pakistan Post resulted in loss of Rs 67m

Misappropriations, frauds, losses and thefts have been unearthed in the Pakistan Post caused a loss of Rs 69.744 million to the national exchequer.
The auditor general of Pakistan in its report has revealed 97 cases of deflections and losses during 2003-04 for which no disciplinary action was taken by the administration. These cases were neither reported to the audit at the time of their occurrence nor had the process to recover the amount been initiated. The administrative action against the delinquents was also slowed down.
The repot said under Article 24 of Posts, Telegraphs and Telephones Initial Account Code Vol-1 Losses and Frauds were required to be reported to audit offices on occurrence even if the loss had been made good but despite that the PPO administration favoured the officials involved. It has been also said that in cases of fraud, embezzlement or similar offences, departmental proceedings should be instituted at the earliest but nothing had been done. The DAC in its meeting held on February 4, 2006 had directed the management to expedite action to be taken at the departmental level in all such cases. The management of Pakistan Post has directed by the Public Accounts Committee to hold an inquiry into it and give a report regarding all the irregularities with in q0 days to the committee.

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