ISLAMABAD - The Auditor General of Pakistan (AGP) Wednesday informed the sub-committee of Public Accounts Committee [PAC] on monitoring and implementation that 1,05,000 metric tons rice had disappeared from the warehouse of Rice Export Corporation of Pakistan(RECP).
Headed by convener Rana Afzal, the committee was also informed that Federal Investigating Agency (FIA) and National Accountability Bureau (NAB) had closed the case of rice disappearance from Landhi warehouse Karachi. The committee discussed audit objections of the Ministry of Commerce and Trade.
A member of the committee Abdul Manan perturbed over the situation and questioned as to how the FIA and NAB could close such a scandal without investigation, urging both investigation agencies to re-launch the probe into the scam as a test case.
The officials of AGP informed that Rs4 billion of corporation was still outstanding against 74 suppliers as it supplied rice to these suppliers during 1976 to 1996. The audit officials told the committee that the corporation imported red chillies through Noor Enterprises and faced Rs7.6 million loss.
AGP further informed that the Estate Life Insurance Corporation has Rs309 million outstanding dues against the Civil Refinery and National Housing Authority while four employees of the corporation were involved in Rs 3.3 million fraud in other case.
Secretary of Ministry Commerce and Trade briefed the committee according to which the group had to pay Rs1.2 billion to the Estate Life Corporation in instalments as agreed upon in 2008.
The committee requested the NAB and FIA to re-launch the inquiry of rice disappearance case and bring the culprits in book. The committee also sought report from FIA on the issues of Estate Life Insurance Corporation in next meeting.
The Audit General of Pakistan told the committee that it has no record of 20 thousands pound which the Ministry Trade and Commerce sent to Commercial Consular London.
The Director General of Foreign Office informed the committee that ministry sent 20 thousand pound with the approval of Wajid Sahms Ul Hassan who was deputed as Pakistan High Commissioner in London.
The committee sent back the case to DAC for investigation and said that if this amount was transferred in personnel account than criminal case would be registered against the culprits.