Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Goldman Sachs says we’re not yet in a bubble — but still has a warning for investors

October 8, 2025

Jaffar Express targeted again in Shikarpur

October 8, 2025

Impacts on commercial real estate

October 8, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Panel finds Rs19m gap in FPSC accounts
Pakistan

Panel finds Rs19m gap in FPSC accounts

i2wtcBy i2wtcOctober 8, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


ISLAMABAD:

The Public Accounts Committee (PAC) Sub-Committee on Tuesday was informed of financial discrepancies within the Federal Public Service Commission (FPSC), as it emerged that federal receipts amounting to Rs18.965 million remain unreconciled.

The sub-committee, chaired by MNA Tariq Fazal Chaudhry, directed that a Departmental Accounts Committee (DAC) meeting be held again to resolve the issue.

According to audit officials, the irregularities were first flagged in the 2005-06 audit report, which pointed to inconsistencies in exam fee collections during 2004-05.

The audit authorities stated that while the FPSC had collected examination fees from candidates, the receipts had not been reconciled with the national treasury.

“The FPSC deposited the examination fees but did not obtain verification from the Treasury Department,” the audit team reported, adding that Rs18.9 million in receipts could not be reconciled with the Federal Treasury Office, a clear violation of government rules.

A briefing revealed that although discussions had been held between the National Bank of Pakistan (NBP) and the FPSC, and despite prolonged consultations involving the Finance Division, Establishment Division and NBP, the issue remained unresolved.

FPSC representatives explained that reconciling receipts from thousands of bank branches was practically impossible and that records of fee deposits from 20 years ago were no longer available. They added that “the problems faced at that time have since been addressed”.

The sub-committee instructed the concerned departments to convene another DAC meeting to settle the matter and submit a progress report.

During the session, audit paras related to the Ministry of Law were also reviewed, including objections over illegal appointments and the release of Rs100 million to lawyers in 2007–08.

The Law Secretary clarified that the amount was released to the Supreme Court Bar Association (SCBA) for its benevolent fund, stating that all legal and administrative requirements had been met. “There was nothing illegal about the payment; it was duly processed through proper channels,” he said.

However, a finance ministry representative informed the committee that the case had only been referred to them the previous day, promising to examine it in detail.

Chairman Tariq Fazal Chaudhry expressed concern over the weak representation of the Finance Division in PAC proceedings, announcing that a letter would be written to the Finance Secretary to ensure that competent officers attend future meetings.

The committee directed the ministry of law to submit a written response on the audit para, after which the matter was settled.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Pakistan

Jaffar Express targeted again in Shikarpur

October 8, 2025
Pakistan

IHC seeks FIA reply on gift case pleas

October 8, 2025
Pakistan

IRSA projects 8% water shortage

October 8, 2025
Pakistan

26th Constitutional Amendment Live streaming

October 8, 2025
Pakistan

Pakistan secures $3.5bn for major Reko Diq mining project in Balochistan

October 8, 2025
Pakistan

Pakistan’s former senator Mushtaq Ahmad freed from Israeli custody reaches Jordan

October 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024

Tesla lays off 285 employees in Buffalo, New York as part of major restructuring

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Goldman Sachs says we’re not yet in a bubble — but still has a warning for investors

October 8, 2025

Jaffar Express targeted again in Shikarpur

October 8, 2025

Impacts on commercial real estate

October 8, 2025
Most Popular

Did China’s megadam change the Earth’s rotation? The truth behind the trending claim

July 18, 2024

China could attack Starlink-like satellites with submarine laser weapons: Navy study

July 20, 2024

As war in Gaza escalates, Hamas and Fatah sign declaration in Beijing ending long-standing rift

July 23, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.