ISLAMABAD: The Auditor General of Pakistan has uncovered massive financial irregularities amounting to Rs. 750 million while auditing Islamabad Club, here on Sunday.
According to media reports, the detailed audit report revealed that the club suffered a loss of Rs 20 crore. 199.2 million during FY 2022-23, yet employees were given bonuses totaling Rs. 100 million.
The Auditor General identified Rs. 300 million was illegally spent on domestic schemes without proper estimation and measurement. The notable expenditure highlighted in the audit report was Rs. 14.4 million for the construction of a lake near the cricket ground and Rs. 16.1 million for procurement of flood lights without open bidding.
The report also highlights the non-receipt of Rs. 104.5 million as fees from club members and Rs. 93.6 million was spent on civil works without design approval from the Capital Development Authority (CDA).
In addition, Rs.25 million was paid in return of corporate membership fees, and a further Rs. 105 million rupees were spent on various development projects. The report took a strong notice of hiring a consultant for Rs 50 lakh. 4.4 million without open competition.
