Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    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
    Dua Lipa Live From Mexico on YouTube
    Videos

    Dua Lipa Live From Mexico Film Arrives on YouTube

    May 22, 2026 1 Min Read
    Shakira 2026 World Cup anthem
    Videos

    Shakira 2026 World Cup Anthem “Dai Dai” Featuring Burna Boy Unveiled

    May 8, 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

Iran Supreme Leader Mojtaba Khamenei.

Israel UN Blacklist Row Escalates Over Sexual Violence Report

A large crowd of Muslim worshippers surrounds the Holy Kaaba inside Masjid al-Haram in Makkah.

Hajj Pilgrims Leave Makkah After Final Rituals

A graphic image shows a green fuel nozzle pouring petrol beside a red downward arrow.

Petrol Price Cut Of Rs8 Likely In Pakistan This Week

Post Archives

More Popular from Photonews

BTS members stand onstage with an award at the 2026 American Music Awards.
Entertainment

BTS AMAs 2026 Return Ends With 3 Major Wins

2 Min Read
Drug Regulatory Authority of Pakistan emblem surrounded by pills, capsules, medicine bottles and medical graphics.
Pakistan

DRAP Syringe Alert Bans 17 Substandard Batches

2 Min Read
Dua Lipa wears a sparkling gold performance outfit in a collage with concert and backstage images.
Entertainment

Dua Lipa Live From Mexico Vinyl Sparks Fan Talk

2 Min Read
Top NewsWorld

Oreshnik Missile Strike By Russia Raises Ukraine Alarm

Russia’s reported Oreshnik missile strike on Ukraine has renewed concern over Moscow’s use of a nuclear-capable…

May 25, 2026
Sports

Jaxson Dart Trump Rally Appearance Draws Teammate Reply

New York Giants quarterback Jaxson Dart introduced President Donald Trump at a rally in Suffern, New…

May 24, 2026
World

Starmer Appalled by Teen Rape Sentences Review

Prime Minister Sir Keir Starmer has called "appalling" the decision to spare jail three teenage boys…

May 25, 2026
Business

Dollar Firms After Iran Strikes Shake Peace Hopes

The US dollar strengthened on Tuesday after fresh American strikes in southern Iran weakened optimism over…

May 26, 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?