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Tuesday, August 9, 2011

PAC meeting briefed about IB’s misusing secret funds

ISLAMABAD: Audit authorities on Monday informed the Public Accounts Committee’s implementation and monitoring body that Intelligence Bureau (IB) was involved as an institution in misuse of secret funds.

Federal Audit informed monitoring and implementation committee of the PAC that meet here under Yasmin Rehman the process of audit had revealed sufficient evidence that the Bureau spent money from secret funds without adequate and lawful justification
The committee was reviewing audit objections of the Cabinet Division when DG Federal Audit Syed Gulzar Husnain pointed out that IB high-ups usually decline production of financial record before audit officials for scrutiny.
The DG brought to the committee’s knowledge that IB was purchasing luxury vehicles and air conditioners with the secret fund which was not meant for these procurements. Consequently, committee members expressed anger over IB’s such an unyielding attitude towards the audit authorities. Meanwhile the Cabinet Division officials informed the there was a ban on purchase of luxury vehicles by the government outfits.
Providing details on the IB’s audit, the federal audit officials informed the committee that the Joint Director General, IB Lahore simply declined to produce record of Rs18.4 million spent to purchase 67 vehicles. The record of fuel and maintenance expense during the year 2010-2011 of these vehicles was also not provided to the audit officials, the committee was informed.
Similarly, the officials reminded the committee that IB also did not provide any record for the Audit Year 2008-09. Consequently, the audit report for the said year mentioned that “in the absence of record, the propriety and probity of expenditure could not be ascertained. The non-presentation of record may create doubts as to the actual existence of any such record at all, which may make the public money vulnerable to misuse.” Online