PML-N costs Rs3841bn loss to power division in their last year
Last updated on: 21 August,2019 07:13 pm
Audit officials recommended developing a recovery plan to control circular debts.
ISLAMABAD (Dunya News) – Irregularities of billions of rupees in the power division in the last year of the Pakistan Muslim League-Nawaz (PML-N) tenure has been revealed showing Rs3,841 billion loss to the national exchequer.
According to the audit report, in the fiscal year 2017-2018, PML-N conned the national exchequer by misusing government resources and violating rules and regulations. The national exchequer received a shock of Rs2,210 billion due to judicial issues of receipts and overpayments.
According to the report of the Auditor General of Pakistan, obtained by Dunya News, the mismanagement of institutions in 2017-18 resulted in a loss of more than Rs321 billion. Accidents and negligence cost the national exchequer more than Rs 327 billion.
Audit officials have recommended that the government develop a recovery plan to control circular debt. “Internal control should be improved to take an action against those involved in irregularities”, they said.