Pakistan Today

PAC grills CAA over financial irregularities

The Public Accounts Committee (PAC) on Wednesday expressed surprise when it was brought to its notice that Rs 1 billion had been spent on removal of earth and its laying again at the New Benazir International Airport.

Irked by the disclosure, the PAC ordered the Federal Investigation Agency (FIA) to investigate the matter and report back to it within one month.

Audit officials also disclosed that they have made recoveries of Rs 75 million following objections on the accounts of the Civil Aviation Authority. The PAC was informed that there were losses of Rs 24.8 million on the purchase of 50 kanals of land for the airport. The aviation secretary admitted the illegality and said the amount would be recovered from the earnest money of Rs 18 million.

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