AGP Audit Finds Rs. 60 billion Irregularities in Various NHA Projects

The Auditor General of Pakistan (AGP) has discovered irregularities really well worth round Rs. 60 billion withinside the numerous avenue tasks of the National Highways Authority (NHA), along with tasks initiated below the China-Pakistan Economic Corridor (CPEC).

The file on NHA’s debts for the audit yr 2020-2021 discovered sixty-eight instances amounting to as much as around Rs. 60 billion, wherein irregularities, fees of overseas foreign money without required evidence, abnormal award of contracts, violations of the Public Procurement Regulatory Authority (PPRA) rules, and unauthorized prices had been located.


Electronic Voting Machine to be Presented in National Assembly This Monday

The file talked about the non-consciousness of sales amounting to Rs. 14.12 billion from contractors. It said that the ultra-modern audited monetary statements to be had for the yr 2018-19 indicated that receivables from M/s FWO have improved from Rs. 5.179 billion to Rs. 7. forty-three billion. A comparable scenario becomes located withinside the case of M/s National Logistic Cell (NLC), whose dues improved from Rs. 418 million to Rs. 1.637 billion as much as June 2019, which displays susceptible enforcement of inner controls.

Further non-execution of the task as according to provisions of agreement settlement created overheads of Rs. 10.334 billion. Non-imposition of liquidated damages for putting off in crowning glory of works ended in irregularities of Rs. 9.039 billion. Unauthorized fee for the overseas foreign money thing triggered Rs 3.036 billion.

Package IIB (Jamani-Shorkot 31 km) and bundle III-A (Sahorot-Dinpur 31 km) of the task “Construction of toll road M-4″ become provided to M/s China Railway First Group Company Limited, on the value of Rs. 8.828 billion  Ltd and M/s Ghulam Rasool and Co. (Pvt) Ltd Joint Venture on the value of Rs. 11.22 billion on November 16, 2016, and August 5, 2016, respectively. Package III-B (Dinpur-Shamkot 34 km) become provided to M/s Xingjiang Biexin Road and Bridge Group Co. Ltd, on the value of Rs. 10. eighty-two billion on August 5, 2016.


Google’s Custom Tensor Chip May be a Rebranded Samsung SoC

Audit located that contractors had been paid IPCs with the agreed percent of FC thing, however evidence for expenditure incurred in US greenbacks become now no longer acquired from the contractors. Payment without evidence becomes made because of non-observance of agreement provision and susceptible monetary controls. It located that NHA irregularly provided extra paintings without feasibility look at approval and smooth really well worth Rs. 2.58 billion.

The file located reducing fashion in sales consciousness to the track of Rs 2.089 billion. The sales of NHA grew via way of means of 18.89 percentage in 2015-16, improved via way of means of 3.71 percentage in 2016-17, went up via way of means of 20.12 percentage in 2017-18, and soared via way of means of 10.94 percentage in 2019-20.

Toll series amounting to the track of Rs. 25.573 billion in 2019-20 consists of sales of Rs. 2.965 billion for the introduced community of M3, M4, and M5, leaving real series amounting to Rs. 22.608 billion. Thus, the Authority becomes confronting a capacity decline withinside the sales. The file located loss because of putting off in crowning glory of the task to the track of Rs. 1.938 billion. Further unjustified put-off triggered overruns of Rs. 1.206 billion. Award of works to ineligible contractors triggered losses of Rs. 1.02 billion.


PIA is Bringing in Over Two Million Doses of a COVID-19 Vaccine

The file unearthed that NHA provided an agreement for “Construction of Peshawar-Karachi Motorway section-II Multan-Sukkur section (392 km) CPEC,” to M/s China State Construction Engineering Corporation Limited on Engineering procurement construction (EPC)/Turnkey foundation for a settlement value of Rs. 294.35 billion.

Audit located that fifty-one cm aggregate-primarily based totally path becomes laid over the shoulder of each aspect in preference to fifty-six cm furnished withinside the initial layout and agenda of prices, in view of the above differential value become required to be deducted to credit score the saving to the Employer’s account, which becomes now no longer executed and complete fee become allowed. N-n-deduction of the differential value passed off because of susceptible agreement administration. This ended in an overpayment of Rs. 576 million.

Post a Comment

Previous Post Next Post