The audit team of the Auditor General of Pakistan (AGP) has found irregularities of more than Rs163 billion in the financial system of Sindh.
In an audit report for the financial year 2019-2020 released Monday, the audit team highlighted irregularities and embezzlement of over Rs163 billion in Sindh and revealed that the provincial government had distributed Rs3 billion among the “favourite officers and employees” against the rules.
It further said that the Sindh government spent a record Rs113 billion without documentary evidence while the corruption of a whopping amount of Rs47 billion was found in various other departments.
According to the audit report, the Sindh government disbursed loans of Rs2 billion to employees and officers which are yet to be returned.
The report also revealed that the Sindh government, despite having its own insurance company, hired a private insurance company and made payments of Rs120 million to the said private company from the provincial government's exchequer.
According to the report, the Sindh government has not even disclosed the record of return of Rs9 billion received in terms of investment.
Last month, AGP had found Rs9 billion irregularities in Sindh Corona Relief Fund, which the provincial government had rejected.
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