Over Rs.500 mn missing from Pakistan ministry
June 21st, 2011 - 1:51 pm ICT by IANSIslamabad, June 21 (IANS) Over half a billion rupees are missing from Pakistan’s interior ministry, and auditors want to know where the money went, a media report said Tuesday.
The Dawn said the money had been received by the ministry for issuing arms licences and should have been deposited in the national exchequer.
The ministry could not reconcile receipts of Rs.515 million by its arms division.
“We are talking about the money the ministry is supposed to have received against arms licences over the past two to three years,” Dawn quoted an official of the Auditor General Office as saying.
The official recalled that in 2009-10, thousands of arms licences were issued in an irregular manner by the interior ministry, leading to massive losses to the exchequer.
The Federal Investigation Agency found that fake bank receipts, forged signatures and fictitious stamps had been used by several middle-ranking and junior officers of the ministry to issue the licences.
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Tags: auditor general office, bank receipts, dawn, federal investigation, interior ministry, investigation agency, irregular manner, islamabad, june 21, massive losses, money, pakistan, rs 500, rupees, signatures, stamps