ISLAMABAD - The Senate Standing Committee on Finance Revenue and Economic Affairs was informed on Wednesday that Auditor General of Pakistan (AGP) has recovered Rs 24.29 billion by audit in last financial year 2011-12 which was used against the rules and regulations.

The Senate Standing Committee on Finance Revenue and Economic, which met under the chair of its chairperson Senator Nasreen Jalil, has discussed the role responsibilities and performance of the Auditor General of Pakistan. Additional Auditor General Tanveer Ahmed briefed the committee.

The committee was informed that further Rs 294 billion could be recovered through audit. Total amount of Rs.4.474 trillion was audited and Rs.1.857 trillion amount was placed under audit observations whereas major irregularity that was pointed out by audit is violation of rules and regulations. The committee was also briefed that AGP has carried out the audit of approximately 9,000 federal, provincial and district entities out of total 44,000 entities in the last financial year 2011-12.

The committee was informed that Rs 2.42 billion were charged upon the federal consolidated fund to meet the expenditure of the Auditor General of Pakistan. The committee also recommended the internal audit function of the Auditor General of Pakistan itself.

Later talking to the media, Tanveer Ahmed said that 15 public sector organisations persistently refusing to get their accounts audited by Auditor General of Pakistan (AGP).

The public sector organisations included DHA, NBP, NADRA, PTCL, Pak-China Investment Company, Securities Exchange Commission of Pakistan, NPT, Pakistan Poverty Alleviation Fund (PPAF), Virtual University Lahore, Agri-Business Support Fund, Pakistan Welfare Truest Fund, Pakistan Medical Dental Counsel (PMDC), People Primary Health Initiative Khyber Pakhtunkhwa (KPK) and Wah Nobel Private Limited while Federal Board of Revenue (FBR) has also refused to get audited some of their accounts.