Tag: Audit report

Audit report invalidates PIA’s claims of increase in revenue

--Revenue went up primarily due to rupee devaluation but so did operational costs KARACHI: Despite under obligation to publicly declare its quarterly and annual financial reports,...

FIA launches corruption probe into PIA’s affairs

The Federal Investigation Agency (FIA) has launched an investigation into the alleged corruption that marred the affairs of the Pakistan International Airlines (PIA), a...

Neelum, Jhelum Hydropower Project: Audit report finds multiple loopholes

ISLAMABAD: The Department of Auditor General of Pakistan (DAGP) has conducted a comprehensive performance audit of the Neelum, Jhelum Hydropower Project in Muzaffarabad with...

Railways’ losses stand at Rs40bn, audit officer tells SC

70pc revenue goes towards pensions, says audit officer Officer claims losses occur due to Railway officials' irresponsibility    LAHORE: The Supreme Court (SC) on Tuesday was...

Audit unearths irregularities in appointment of AEDB director general

ISLAMABAD: An audit of the accounts of Alternative Energy Development Board (AEDB) for 2017-18 has unearthed massive irregularities in the appointment on deputation basis of...

Audit report finds irregularities of Rs300 billion in Punjab Finance Department

ISLAMABAD: The government of Punjab's financial record for the year 2015-16 show irregularities of around Rs300 billion, according to the Auditor General of Pakistan's...