Fiscal indiscipline: Frontier Corps ‘lost or misused’ Rs122m in 2011
Despite stated attempts to improve management and reduce financial losses, the Frontier Corps (FC) incurred a loss of Rs122 million during the last fiscal year, according to a report by the Auditor General of Pakistan.
The amount was ‘lost or misused’ due to irregularities in payments or non-recording of detailed measurement works, according to auditor’s latest report. The report cites various instances of irregularities, including one where general staff officer-II FC Khyber-Pakhtunkhwa purchased material worth Rs55 million for execution of works.
The FC management failed to produce documented proof to justify the utilisation of material purchased and issued for works, the report added.
The irregularity surfaced in November last year, but the FC management did not furnish a reply until the finalisation of the audit report.
The report cites a contract which was awarded for Rs64 million against an approved cost of Rs48 million. The additional amount was obtained without the approval of competent authority, the report adds.
The audit report states that Inspector-General FC Balochistan, made a payment worth Rs41 million without recording details in the measurements book. The FC admitted to the irregularity and ‘warned’ the staff concerned but a detailed reply was not sent to the auditor’s office till the filing of this report.
The 2011 audit report, obtained by The Express Tribune, stated that the government’s financial watchdog unearthed massive financial irregularities amounting to Rs56.5 billion in the accounts of Pakistan army, air force and navy.
Published in The Express Tribune, June 13th, 2011.
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