Connect with us

Hi, what are you looking for?

Latest Updates

Special Audit Report Uncovers Irregularities Worth Rs2.4 Billion in Balochistan Dam Construction

QUETTA: A detailed special audit report has brought to light significant irregularities amounting to Rs2.4 billion and substantial delays plaguing the construction of 100 dams in Balochistan.

According to the report, only 26 out of the slated 100 dams were completed by the year 2021, a delay of several years from the original 2018 target. This delay in project completion has led to a ballooning of construction costs by Rs261 million, putting additional strain on the allocated budget.

Furthermore, the audit has identified that expenses associated with the project implementation unit and supervision have escalated by Rs133.6 million, attributing to the financial mismanagement within the project.

Moreover, discrepancies in financial transactions have been uncovered, including an overpayment of Rs112.6 million to non-shareholders, while contractors were found to have been charged Rs9.9 million less than their stipulated income tax obligations.

The audit has also shed light on unregulated expenditures totaling over Rs950 million for project completion, along with an additional Rs150 million designated for laboratory tests that were never carried out. Additionally, Rs131.8 million were allocated for soil extraction and rock blasting.

In response to these findings, the report strongly recommends taking decisive action against those found responsible for the misappropriation of funds, emphasizing the need for accountability and transparency in the execution of such critical projects.

The identified irregularities and financial mismanagement within the construction of dams in Balochistan pose significant threats to the region’s development. Such practices not only squander vital resources but also undermine the intended purpose of infrastructure projects aimed at fostering economic growth and social development. The delays and inflated costs resulting from these irregularities hamper progress, hindering the region’s ability to address pressing needs such as water scarcity and agricultural development.

Moreover, the lack of accountability and transparency erodes public trust in governance and diminishes confidence in future investment opportunities. To realize the full potential of development initiatives in Balochistan and promote sustainable growth, it is imperative to address and rectify these detrimental practices promptly.

Written By

I am an accomplished graduate of Strategic Studies, driven by a fervent dedication to comprehending global affairs and devising impactful strategies. Equipped with a comprehensive skill set encompassing research, critical thinking, and persuasive communication, I possess a distinctive viewpoint and an unwavering commitment to fostering inclusive decision-making processes. As a versatile individual, I excel in collaborating with diverse groups in various settings, leveraging my strong interpersonal abilities to adapt seamlessly to new environments and surmount any challenges that arise. With a passion for contributing to strategic initiatives, I am eager to leverage my expertise and drive to effect positive change within the field.

Entertainment

Superstar Fahad Mustafa and A-list actress Hania Aamir’s star-studded drama ‘Kabhi Main Kabhi Tum’ has set new milestones in the world of Pakistani television,...

Sports

PTV Sports In an unexpected development, the live broadcast of the second One-Day International (ODI) between Pakistan and Australia was abruptly halted on PTV...

National

SIALKOT/ISLAMABAD: Police in Daska Tehsil, Sialkot, have concluded their investigation into the murder of a young girl, identifying her mother-in-law’s relative, Naveed, as the...

Latest Updates

Imran Chaudhry, a prominent Pakistani businessman and chairman of Cinergie Group, passed away on Monday in Dubai, leaving the Pakistani business community in deep...