ISLAMABAD: Special committee of Public Accounts Committee (PAC) has
expressed grave concern over non initiation of action against the
officers of commerce ministry and its allied departments found involved
in financial irregularities of billion of rupees despite lapse of 5
years.
Committee met here Thursday under chairperson Yasmin
Khan in parliament house to review the financial irregularities
detected during the financial years 2004-5 and 2006-7 in commerce
ministry and its allied departments.
Committee expressed
resentment over non-displaying of Pakistani goods in the exhibition
took place in Johannesburg which caused loss of over Rs 1.4 million to
national exchequer.
The committee described the overall
performance of commerce ministry dissatisfactory saying that exporting
goods worth 25 billion dollars was not a work of wonder done by
commerce ministry and in fact in happened so due to hike in prices.
Committee
also voiced dissatisfaction over performance of commercial Attachés
working in Pakistani embassies in other countries saying no method was
in place to monitor their working.
“We can not move ahead
without economic stability and US has already halted aid of 800 million
dollars. In the prevailing situation if we withdraw our troops from
Pak-Afghan borders then what will follow as our economy is already hit
by crisis.
Audit authorities told billion of rupees were
available in Export Marketing Development Fund and Export development
fund but no account was being maintained of this fund. Online
