— File Photo

ISLAMABAD: The Senate Standing Committee on Finance and Economic Affairs here on Wednesday directed Auditor General of Pakistan (AGP) to submit the detail report on Audit Paras of top 10 organisations observed.

The committee, which met with Senator Nasreen Jalil in chair, said that the report of those 10 organisations whose maximum audit para observed for the past 3 years should be presented.

The additional auditor general of Pakistan (AAGP) told the committee that the AGP has carried out the audit of approximately 9000 federal, provincial and districts entities.

The audited outlays totalled up to Rs 4.474 trillion representing revenue receipts, disbursements and expenditure, he said adding the recovery of about Rs 25.72 billion was made at the instance of audit in 2011-12.

The expenditure for recovery of said amount was Rs 2.424 billion during 2011-12 while the recovery about Rs 70.64 billion was made during 2010-11 on the expenditure of Rs 1.59 billion, the AADG informed the committee.

The committee was further informed that there were still some organisations denying for audit to be conducted by AAGP.

Senator Sughra Imam said that the deadlock of audit paras was forwarded to current government because of weak working of previous government to resolve pending audit paras.

All observed audit paras are to be handed over to PAC to settle, the committee was further informed adding that Public Accounts Committee (PAC) had option to take up latest audit paras observed by the AGP or earlier.

Currently, the PAC is discussing audit paras of 2006-7 observed by the AGP, the committee was told.

The meeting was attended by Senator Ilyas Ahmed Bilour, Osman Saifullah Khan, Syeda Sughra Imam and Islamuddin Shaikh.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...
By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...