The Public Accounts Committee (PAC) has ruled that the Auditor General of Pakistan (AGP) can audit the National Bank of Pakistan (NBP). APP/File
ISLAMABAD: The Public Accounts Committee (PAC) has ruled that the Auditor General of Pakistan (AGP) can audit the National Bank of Pakistan (NBP) as the latter has not given the former access to its financial record since 2012.
The AGP had been conducting the bank’s audit for decades, but the NBP management in 2012 went to the Sindh High Court (SHC) and later barred the AGP from conducting audit of its accounts.
Altaf Ahmed Sheikh, director general (commercial audit), informed the PAC that the SHC had not issued any stay order as such. He read out the court order which stated: “No adverse action shall be taken against the bank.”
Chief Justice of Pakistan Gulzar Ahmed disposed of the matter with an observation that there had been a contest between a judge and the prime minister. APP/File
ISLAMABAD: Prime Minister Imran Khan denied before the Supreme Court on Thursday that Rs500 million public funds were distributed among the parliamentarians and said no money would be given to the legislators for carrying out any development scheme.
But Justice Qazi Faez Isa, a member of the five-judge special bench, questioned the assurance by presenting a Whatsapp message he had received from an unknown source on Wednesday. The message contained supporting documents showing doling out of massive amounts recently for building roads by the Pak-PWD department in the constituency NA-65 that belongs to an important coalition partner.