Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    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
    Emilia Clarke Game Of Thrones with interview Variety
    EntertainmentVideos

    Emilia Clarke Denies $300,000 Game Of Thrones Pay Claim

    May 30, 2026 1 Min Read
    Shakira Dai Dai's Song For World Cup 2026
    Videos

    Shakira Dai Dai Song Released For World Cup 2026

    May 24, 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

JAAC banned in AJK under Azad Jammu and Kashmir Anti-Terrorism Act 2014

JAAC Proscribed Organisation Ahead Of AJK Strike

Russia and Pakistan flags shown together in a close-up fabric-style image.

Pakistan Russia Agreements Signed At SCO Meeting

Mohammad-Javad Ardashir Larijani seated beside an Iranian flag.

Larijani Pakistan Mediation Criticism Targets Ghalibaf

Post Archives

More Popular from Photonews

Iran’s Supreme Leader Mojtaba Khamenei appears beside a waving Iranian flag against a blue background.
Top NewsWorld

Iran Talks Progress Denied as Trump Sees Weekend Deal

2 Min Read
Hungary has withdrawn its veto on €6.6 billion in EU Ukraine defence aid, a major obstacle to military support for Kyiv.
World

EU Ukraine Defence Aid Unblocked After Hungary Drops Veto

2 Min Read
An RCB graphic shows a Virat Kohli walking down stadium steps under “The Last Mile” text.
Sports

Virat Kohli Retirement Rumours Spread Before IPL Final

2 Min Read
Business

KSE-100 Index Falls Under Pressure Before Federal Budget

The KSE-100 Index came under pressure on Monday as uncertainty over a US-Iran peace deal and…

June 1, 2026
World

Japan Rejects New Militarism, Criticises China’s Military Expansion

Japan’s Defence Minister Shinjiro Koizumi rejected claims of new militarism and criticised China for rapidly expanding…

May 31, 2026
Sindh

Karachi Model Colony Robbery Caught On CCTV Near Mosque

A Karachi Model Colony robbery was caught on CCTV near Warsi Mosque, where armed robbers snatched…

May 31, 2026
Entertainment

Backrooms Movie Gives A24 Its Biggest Horror Opening

“Backrooms” opened at No. 1 at the US box office, giving A24 its biggest domestic opening…

June 1, 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?