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116 audit paras cleared without PAC perusal - Newspaper


AFP/File
ISLAMABAD: The Establishment Division with the support of audit and finance officials got cleared 116 out of 129 audit objections during meetings of the Departmental Audit Committee (DAC), hence leaving only 13 paras for perusal of the Public Accounts Committee (PAC).
According to the documents available with
Dawn, during an internal audit of the accounts of the Establishment Division for the year 2019-20, the auditors have raised 129 audit objections of multi-billion rupees irregularities in the financial affairs of the division.
These audit paras related to unjustified pay and allowances to re-instate sacked employees, their posting to various departments, unauthorised grants of honorarium, irregular expenditure on entertainment, unauthorised payment of inadmissible allowance, unauthorised use of 1800cc cars, overpayment of additional charge, unauthorised payment of late sitting allowance, overpayment of deputation allowance, less deduction of inc ....

Tafakhar Ali Asdi , Ijaz Munir , Jehangir Mushtaq Virk , Mohammad Afzal , Masood Chaudhry , Nadeem Aslam Chaudhry , Cabinet Division , Division Riaz Ahmed , Departmental Audit Committee , Public Accounts Committee , Establishment Division , Finance Division Riaz Ahmed , General Financial , Pakistan Audit , Accounts Service , இஜாஜ் முனீர் , மசூட் ச Ud த்ரி , நதீம் அஸ்லம் ச Ud த்ரி , மந்திரி சபை பிரிவு , துறை சார்ந்த தணிக்கை குழு , பொது கணக்குகள் குழு , ஸ்தாபனம் பிரிவு , ஜநரல் நிதி , பாக்கிஸ்தான் தணிக்கை , கணக்குகள் சேவை ,

Ending pacts with assets recovery firms: Company claimed $515m compensation but settled for $2.2m


National
February 20, 2021
ISLAMABAD: A foreign assets recovery firm had claimed $515 million as compensation after the termination of its agreement but had settled on a much lower sum of $2 million after negotiations with the National Accountability Bureau (NAB).
In its objections, the Auditor-General of Pakistan (AGP) held that against a claim of $515.6m, only $2.2m were paid and accepted by International Assets Recovery (IAR), indicating that the demand was not filed on a factual basis. Either the claim was exorbitant or there was some flaw in the agreement reached between IAR and NAB/the Pakistan government, documents show.
An amount of $.15m was also paid to Broadsheet LLC, a firm different from the one headed by Kaveh Moussavi. President Dr Arif Alvi, on the recommendation of an official committee, had approved the payment of $3.7 million [$2.2m plus $1.5m] to Broadsheet LLC and IAR by NAB as compensation after the termination of the asset recovery agreement ....

Arif Alvi , Rana Tanvir Hussain , Asad Qaisar , Kaveh Moussavi , Riaz Fatyana , Jerry James , National Accountability Bureau , International Assets Recovery , Departmental Audit Committee , Public Accounts Committee , High Court , President Dr Arif Alvi , Pakistan Tehreeke Insaf , Speaker Asad Qaisar , United Kingdom Based , Kendal Freeman , ஆரிப் ஆல்வி , ராணா தன்வீர் ஹுசைன் , அசாத் கையிஸர் , ஜெர்ரி ஜேம்ஸ் , தேசிய பொறுப்பு பணியகம் , சர்வதேச சொத்துக்கள் மீட்பு , துறை சார்ந்த தணிக்கை குழு , பொது கணக்குகள் குழு , உயர் நீதிமன்றம் , ப்ரெஸிடெஂட் டாக்டர் ஆரிப் ஆல்வி ,