Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
    Alia Bhatt Alpha teaser shows the actor entering action mode in YRF’s female-led spy thriller.
    Videos

    Alia Bhatt Alpha Teaser Shows Bobby Deol Training Her

    June 10, 2026 1 Min Read
    Fire Point co-owner Denys Shtilerman speaks during an interview with journalist Alesia Batsman.
    Videos

    Ukraine Nuclear Weapons Claim Made By Fire Point Co-Owner

    June 5, 2026 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Billions squandered: Audit report finds nearly three dozen graft cases of Civil Aviation Authority
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > Billions squandered: Audit report finds nearly three dozen graft cases of Civil Aviation Authority
Business

Billions squandered: Audit report finds nearly three dozen graft cases of Civil Aviation Authority

Web Desk
By Web Desk Published August 9, 2015 3 Min Read
Share
SHARE

Islamabad: An audit report has catalogued more than 35 cases of massive corruption, as well as financial and administrative irregularities, in the Civil Aviation Authority (CAA).

Billion of rupees in public money have been squandered, according to the report.

One of the main reasons, according to the audit report, has been undue favouritism to the contractors. For their part, the audit teams have repeatedly cited weak internal controls of senior management as the reason for the loss of public money.

While discussing the budget and expenditure of the authority, the audit observed that its management has not been able to fully utilise its allocated budget for development. This has resulted in delays of various infrastructure programmes.

The total allocated budget for 2012-13 in non-development and annual development programme was Rs42,432.56 million against which an expenditure of Rs39,684.70 million was incurred. This resulted in a saving of Rs2,747.86 million, representing 6.48 per cent of total budget allocation.

The audit noted, in the non-development budget, financial charges are 935. Some 94 per cent more than the budgeted figures of 2012-13 primarily due to deduction of 2.5 per cent Zakat by National Savings Centre on interest of deposits.

Audit further noted, in annual development programme (ADP) budget, there was a saving of Rs1, 368.05 million representing 6.73 per cent of the budget allocation.

Massive corruption and financial irregularities discovered by audit included excessive expenditure of Rs1,057.01 million due to irregular execution of work. Rule-20 of Public Procurement Rules, 2004 stated that the open competitive bidding process shall be the principal method of procurement of goods, services and works.

The audit noted that PC-1 of New Benazir Bhutto International Airport project, Islamabad approved in March 2008 contained a provision of Rs40.08 million for the Cargo Terminal. The construction of a Cargo Complex was undertaken in December 2012 before completion of the Airside infrastructure. The foundation work of the Cargo Complex was executed through a Variation Order valuing Rs379 million under the existing contract of Package-01.

The second case of massive financial irregularity pertains to the extra contractual decisions involving unwarranted payments of Rs4,083.81 million.

The audit noted that the Project Management Consultant (PMC) for New Benazir Bhutto International Airport Project, Islamabad, was also nominated as the engineer for the project.

The audit observed that Package-1 (Airside Infrastructure Civil Works) of the project was awarded to a Joint Venture firm in August 2008 with the contract cost of Rs 11.82 billion. The joint venture was irregularly changed to another in January 2010. After entering into the new JV, a series of claims under dispute were raised by the contractor.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

KP Ashura security plan includes police checkpoints, mobile suspensions and surveillance for Muharram processions.

KP Ashura Security Plan Includes Mobile Suspensions

Sindh Muharram holidays announced for June 25 and 26 as Ashura 2026 approaches

Sindh Muharram Holidays Announced for June 25, 26

US Caribbean strike targeted a suspected narcotics-trafficking vessel, killing two people, according to SOUTHCOM

US Caribbean Strike Kills 2 on Suspected Drug Vessel

Post Archives

More Popular from Photonews

Bilawal Bhutto-Zardari speaks at a podium during a National Assembly session in Pakistan.
Pakistan

Bilawal NFC Award Remarks Rule Out Further Provincial Cut

3 Min Read
Iran thank Los Angeles in a locker-room message after their 0-0 World Cup draw with Belgium at SoFi Stadium.
Offbeat

Iranian Players Thank Los Angeles After 0-0 Belgium Draw

2 Min Read
Portugal Congo World Cup match shows Cristiano Ronaldo playing during a 1-1 draw at NRG Stadium
Sports

Portugal Draw Congo 1-1 as Ronaldo Sets Age Record

2 Min Read
Entertainment

Diddy Release Date Moved Up Again to February 2028

Sean “Diddy” Combs’ release date has been moved up again. Federal Bureau of Prisons records now…

June 16, 2026
Pakistan

Pakistan Establishes PMYP China Secretariat in Beijing

Pakistan will establish a PM Youth Program China Secretariat in Beijing to coordinate vocational education, youth…

June 17, 2026
Tech

5 MacBook Features Students Will Use Daily

Apple’s built-in 5 MacBook features for students can help record lectures, organize coursework, reduce distractions and…

June 21, 2026
Entertainment

Arslan Butt Denies Harassment Allegations by Mamya

Pakistani actor Arslan Butt denied harassment allegations by actor Mamya Shajaffar during a podcast appearance and…

June 22, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?