PESHAWAR
\nAfter the release of the Audit Report-2022-23 by the Auditor General of Pakistan related to the BRT project disclosed financial irregularities worth billions of rupees.
\nThe Auditor General of Pakistan\u2019s audit report related to BRT project 2022-23 has been released wherein expenditure of 13 billion rupees in Trans Peshawar was done without technical approval.
\nExpenditure incurred under various contracts of BRT and unnecessary payments of Rs 7.7 million were made in the form of salaries and allowances.
\nAccording to Audit Report KP government is giving huge subsidy in projects built on loans and unjustified expenditure incurred in BRT project despite SSB,
\nThe report highlighted the company does not have details of income from rental and other sources and
\nTrans Peshawar made illegal payments of Rs 13 billion to companies without getting approval from the competent authority.
\nContractors are benefiting from the contract for not getting approval from the law department and purchase and other records from Trans Peshawar sought but not provided, said the audit report. Savings due to increase in dollar value have not been deposited in the government treasury and due to non-increase in rent, the government exchequer has suffered a loss of 3 billion rupees in the form of subsidy, the audit report said.
\nFares not hiked despite hike in petroleum product prices, the reports said. The provincial government had claimed to run the project without subsidy, the reports said. Income from the project has not been deposited in the government treasury, the reports said.
\nThe record of income earned in the interest of money kept in banks for the project has not been provided, the report said. Due to the non-completion of the construction of the project depot, the government suffered a loss of Rs 22 million, the report said.
\nToken taxes of buses are being paid by Trans Peshawar instead of private companies and a loss of Rs 3 million was incurred in paying token taxes of BRT buses, the report said. Trans Peshawar paying sales tax instead of contractors, said the report.
\nDue to payment of sales tax, the provincial government lost Rs 50 million and advertising money is being given to private bus operators which is illegal, the report said. Record of money received for advertisement not provided and Trans Peshawar incurred an additional expenditure of Rs 20 Million by exceeding the revised PC-I, the Audit Report said.
\nPenalty was not charged as per the contract for late delivery of buses from the supplier and due to not providing buses on time, there was a loss of Rs. 30 million.
\nThe report further highlighted the irregularities in the project, which should be identified and recommended in the audit report, the Audit Report said. The loss to the government should be remedied, the audit report recommends.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR After the release of the Audit Report-2022-23 by the Auditor General of Pakistan related to the BRT project disclosed financial irregularities worth billions of rupees. The Auditor General of Pakistan\u2019s audit report related to BRT project 2022-23 has been released wherein expenditure of 13 billion rupees in Trans Peshawar was done without technical approval. […]<\/p>\n","protected":false},"author":2,"featured_media":400795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-400788","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\n