Balochistan Public Accounts Committee probe uncovers billions in financial irregularities
The Public Accounts Committee of the Balochistan Assembly on Monday uncovered billions of rupees in financial irregularities, including unsurrendered savings and funds improperly held in private bank accounts by government officials, according to a review of recent audit reports. The commitee’s meeting, presided over by Chairman Asghar Ali Tareen, identified what it called serious lapses in financial discipline and gross violations in the handling of budgetary allocations and revenue collection across several government departments. An audit report for 2016-17 revealed that of the Rs3.34 billion allocated for non-development funds, Rs740.6 million in savings were never surrendered, reflecting weak fiscal control.