ISLAMABAD: Massive financial irregularities worth billions of rupees were unearthed in Pakistan’s Bait-ul-Maal here on Saturday, a government body responsible for helping the country’s needy, widows, orphans, indigent, weak and other needy.
It has been revealed that billions of funds were distributed to civil servants instead of being distributed to the underprivileged citizens of Pakistan.
According to a recent audit report, financial irregularities of more than 2 billion rupees have been uncovered, particularly the disbursement of 281 million rupees from the Pakistan Treasury to government employees, which was earmarked for poor citizens.
The report also highlighted the unauthorized transfer of government funds to the tune of Rs137 billion to commercial bank accounts, further exacerbating financial mismanagement.
Additionally, the audit report also revealed that the Baitul-Mal office in Lahore failed to return Rs 520 million of unused funds to the national treasury, and an additional Rs 162.3 million was spent without authorization.
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