PAC orders govt to cut prices of vehicles

ISLAMABAD (Online) - The Special Committee of the National Assemblys Public Accounts Committee has directed the govt to slash the prices of vehicles, besides eliminating the practice with regard to taking of extra charges (own) by vehicle manufacturing companies from the consumers. The committee also criticised police and Federal Investigation Agency (FIA) for delay in lodging cases of corruption in Government departments. The committee met under the Chairmanship of Riaz Hussain Pirzada to review the financial irregularities in Ministry of Industry & Production here on Friday. The committee also expressed annoyance over taking of extra charges called (own) by vehicles manufacturing companies from every consumer without any law. 'The practice is illegal. Government should take action against such companies and if it cannot take action then should allow open import of vehicles to eliminate monopoly of vehicles manufacturing companies, the committee added. Taking serious notice with regard to pending cases of corruption in different courts, the committee observed that billion of rupees would be back into national exchequer if such cases were settled immediately and then we would have no need of RGST. The audit authorities briefed the committee that Rs 100 billion were recovered from corrupt elements on the directives of PAC during last three years. The committee was informed that utility stores are being looted in rural areas of Balochistan. The Committee took stock of the situation and ordered police and FIA to take notice of such incidents, besides lodging cases. The committee also called for report in this regard within 3 months. Managing Director Utility Stores Arif Khan informed the committee that his corporation is facing financial loss. Over 1800 utility stores out of 3800, situated in rural areas of the country are in loss, however, he said, the utility stores in urban areas are running in profit.

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