Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    GA-20 and Grammy-winning musician Charlie Musselwhite perform “I Can’t Hold Out” during CBS Saturday Morning’s Saturday Sessions on August 1.
    Videos

    GA-20 and Charlie Musselwhite Perform ‘I Can’t Hold Out’

    August 2, 2026 1 Min Read
    Ricky Gervais Alley Cats official Netflix trailer
    Videos

    Ricky Gervais ‘Alley Cats’ Trailer Sets August 7 Debut

    July 23, 2026 2 Min Read
    Sam Fender Olivia Dean break UK chart record with Rein Me In after 16 weeks at No. 1.
    Videos

    Sam Fender, Olivia Dean Break 30-Year UK Chart Record

    July 12, 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

Bank Alfalah Pehchan account

Recent Posts

William Jewell College running back MicahJo Barnett in a red football jersey.

William Jewell RB Micahjo Barnett Dies After Sideline Collapse

Bhutto-Zardari Family Unity

Bilawal Marriage Talks Reported in Vienna as PPP Leader Denies Claim

PTI Chairman Imran Khan

Imran Khan Health Claims: Govt Urges CNN to Verify Records

Post Archives

More Popular from Photonews

Bhasha Dam
Gilgit - Baltistan

Diamer-Bhasha Power Component Remains in Plan, Govt Says

2 Min Read
American singer Demi Lovato at a music industry event.
Entertainment

Demi Lovato Birthday: Singer Shares Bahamas Jet Ski Photos

2 Min Read
Alibaba Pentagon blacklist designation faces a federal lawsuit after the Chinese tech giant rejected US military-link claims.
Tech

Alibaba AI Funding Deal Draws $15.3M Insider Buying

2 Min Read
World

Araghchi Energy Market Claims Target US, Israel Actors

EHRAN, Iran: Araghchi energy market claim accused US government elements and Israel-aligned actors on Saturday of…

August 29, 2026
World

MAHA PAC Fundraising Trails $100M Goal Ahead of Midterms

WASHINGTON: MAHA PAC fundraising remains far below its $100 million midterm target, with federal filings showing…

August 30, 2026
Sports

Indiana Fever Win 113-90 as Caitlin Clark Scores 37

CHICAGO: The Indiana Fever win over the Chicago Sky ended 113-90 on August 23, with Caitlin…

August 25, 2026
Tech

China Long March-6C Launch Sends 7 Satellites to Orbit

TAIYUAN, China: China launched a Long March-6C rocket on Tuesday, August 25. It carried seven satellites…

August 25, 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?