fisher1
SENIOR MEMBER
- Joined
- Jan 28, 2019
- Messages
- 2,967
- Reaction score
- -23
- Country
- Location
https://www.dawn.com/news/1554137
ISLAMABAD: The Auditor General of Pakistan (AGP) on Saturday disclosed to the Supreme Court that they had unearthed staggering irregularities of Rs3.67 billion out of a total fund of Rs5.96bn audited jointly for the Zakat Department and Pakistan Baitul Mal for the current year.
The AGP report was furnished before the Supreme Court in line with its earlier direction to furnish a detailed report when lack of transparency in Zakat and Baitul Mal funds distribution came under scrutiny of the court.
While hearing a suo motu case on the measures being taken by the federal and provincial governments in combating the deadly coronavirus pandemic on April 20, a five-judge Supreme Court bench had regretted that the court had not been provided information about deduction of Zakat and Baitul Mal funds and their distribution among needy persons.
The AGP in the report explained that the annual budget of Pakistan Baitul Mal was Rs5 billion, of which it conducted the audit during the audit year 2019-20 and found out irregularities to the tune of Rs3.1 billion.
While irregular expenditures in the case of Baitul Mal were 62 per cent of the total funds, Rs475 million was recovered.
Similarly, for the audit of Zakat funds during the same period, a sample audit of 13pc of the total budget of Rs7.38 billion was carried out. This 13pc of the total amount comes to Rs961 million, of which the AGP discovered irregularities of Rs574 million. The report also explained that Zakat collected by the federal government was transferred to the provinces under a formula that also allowed the Centre to retain seven per cent of the total Zakat for the Islamabad Capital Territory, erstwhile Fata and Gilgit-Baltistan. Of this fund, it added, the share of ICT was 35pc, Fata 46pc and GB 19pc.
ISLAMABAD: The Auditor General of Pakistan (AGP) on Saturday disclosed to the Supreme Court that they had unearthed staggering irregularities of Rs3.67 billion out of a total fund of Rs5.96bn audited jointly for the Zakat Department and Pakistan Baitul Mal for the current year.
The AGP report was furnished before the Supreme Court in line with its earlier direction to furnish a detailed report when lack of transparency in Zakat and Baitul Mal funds distribution came under scrutiny of the court.
While hearing a suo motu case on the measures being taken by the federal and provincial governments in combating the deadly coronavirus pandemic on April 20, a five-judge Supreme Court bench had regretted that the court had not been provided information about deduction of Zakat and Baitul Mal funds and their distribution among needy persons.
The AGP in the report explained that the annual budget of Pakistan Baitul Mal was Rs5 billion, of which it conducted the audit during the audit year 2019-20 and found out irregularities to the tune of Rs3.1 billion.
While irregular expenditures in the case of Baitul Mal were 62 per cent of the total funds, Rs475 million was recovered.
Similarly, for the audit of Zakat funds during the same period, a sample audit of 13pc of the total budget of Rs7.38 billion was carried out. This 13pc of the total amount comes to Rs961 million, of which the AGP discovered irregularities of Rs574 million. The report also explained that Zakat collected by the federal government was transferred to the provinces under a formula that also allowed the Centre to retain seven per cent of the total Zakat for the Islamabad Capital Territory, erstwhile Fata and Gilgit-Baltistan. Of this fund, it added, the share of ICT was 35pc, Fata 46pc and GB 19pc.
