ISLAMABAD  - National Assembly’s Public Accounts Committee has formed a body to look into matter of refusal by 28 autonomous entities for the audit of their accounts.

The PAC met here Thursday under its chairman Nadim Afzal Chan in parliament house to review the audit objections with regard to audit of Securities and Exchange Commission of Pakistan, NBP and Federal Board of Revenue for the year 2006-07.

The 28 entities which have refused to allow AGP to audit their accounts include Competition Commission of Pakistan, Finance division, Securities and exchange of Pakistan (finance division), Pakistan Medical and Dental Council (inter-provincial coordination division), Technology upgradation and Skilled Development Company Lahore, National Trust on welfare Population, National Rural Development Program, Fund for Elevation of Poverty, Initiative for Basic Health Program, National Press Trust, National Database and Registration Authority, Wah Noble Private Limited, Agri Business Assistance Fund, Pakistan Telecommunication Limited, National Bank of Pakistan, Defence Housing Authorities, Frontier Works Organization, Strategic plant division, Federal Board of Revenue, OGDCL, SNGPL, SSGPL, Mari gas LESCOs, DESCOs, Punjab Vocational Training Council, All Vocational Training Institutions Working Under PVTC, Auqaf Punjab Lahore, Punjab Employees Social Security Institute Gulberg, Standard Chartered Bank Karachi branch, Pakistan Telecommunication Company Limited, Islamabad and Price solutions Pakistan private limited Karachi.

The Committee constituted to look into the matter of refusal by these entities for their audit by AGP will comprise one representative each of AGP, Finance Ministry and Law Ministry. The Committee will summon these entities within a week to hear their stance and present its report thereof to PAC recommending either these entities be forced to get audit their accounts by AGP or exemption be granted to them from audit exercise by AGP.

Audit authorities told the PAC that implementation pace by Federal Board of Revenue (FBR) regarding directives and orders of PAC was found zero rated despite lapse of one and half month.

The PAC expressed grave displeasure over it and directed FBR to ensure implementation of its directives within a week and file report in this regard.

Mr Riaz Fatiana proposed that only expression of displeasure was not enough but a copy of displeasure letter be sent to establishment division and prime minister secretariat besides pasting one copy with the service book of respective officer so that his promotion case could be decided in the light of this letter.