
PAC blows whistle on Rs40b Kohistan scam
Chairing a meeting after a month-long break, PAC Chairman Junaid Akbar said that when the committee raises audit objections, the department concerned fails to cooperate effectively.
In May, the Khyber-Pakhtunkhwa government launched an investigation into the mega corruption scandal in Kohistan district, where an estimated Rs40 billion had allegedly been siphoned off from the provincial treasury.
The account was meant for retention money by contractors for schemes of four departments including communication and works, local government, irrigation and public health engineering departments. The scandal came under intense scrutiny during a meeting of the PAC, chaired by K-P Assembly Speaker Babar Saleem Swati.
Officials from the finance department and the Accountant General's office admitted during the session that billions had been misappropriated from government funds.
While an official embezzlement figure of Rs24 billion had been confirmed, the PAC members expressed dissatisfaction with the explanations provided by finance secretary and the accountant general.
On Wednesday, the audit officials revealed that there had been a misuse of cheque book, with fraud committed by three individuals who have now been arrested. The National Accountability Bureau (NAB) is currently investigating the matter.
The auditor general disclosed that despite sending three letters to the finance department, no disciplinary action had been taken against any of their officials. The committee demanded complete details of the case and directed that all relevant records be submitted.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Express Tribune
3 hours ago
- Express Tribune
Asuka Kirara defends Ju Haknyeon after prostitution case dismissal
Asuka Kirara, a former Japanese adult film actress, has reiterated her defense of former The Boyz member Ju Haknyeon, who was recently cleared of prostitution allegations. During a livestream on Tuesday, she addressed growing speculation about her alleged involvement in a private gathering that contributed to Ju's sudden exit from the K-pop group. Kirara explained she was simply attending a male friend's birthday party and had no prior knowledge Ju would be there. 'There were designers and other people. No one invited me because of him,' she said, dismissing rumors that she was used to elevate someone's public image. Although Ju had mentioned being a fan, Kirara denied any personal involvement, stating they had no physical or romantic connection. 'That was my first time meeting him. There was no three-day relationship,' she said, criticizing Japanese tabloid Shukan Bunshun for spreading false claims. 'So much misinformation is being circulated.' She questioned the motives behind Ju's expulsion from the group, saying, 'I don't understand how this led to his expulsion. It seems like someone wanted him gone or was hiding something else.' She added that despite Ju being 'handsome,' she 'never touched him, never hugged him,' and emphasized there was no physical relationship. Earlier, she posted on social media, 'I have never privately received money for sex, not once in my life — and that includes this time.' On Wednesday, police in Seoul's Gangnam District officially dismissed the prostitution charge against Ju, citing insufficient grounds for investigation. The case began June 18 when Shukan Bunshun reported Ju met Kirara at a Tokyo bar. Ju maintains his innocence and has announced plans to take legal action against the journalist, media outlet, and the individual who filed the complaint, citing defamation and false reporting.


Express Tribune
17 hours ago
- Express Tribune
PAC blows whistle on Rs40b Kohistan scam
The Public Accounts Committee (PAC) on Wednesday held a detailed discussion on the alleged Rs40 billion scam in Kohistan, expressing serious concerns over financial irregularities and a lack of departmental cooperation. Chairing a meeting after a month-long break, PAC Chairman Junaid Akbar said that when the committee raises audit objections, the department concerned fails to cooperate effectively. In May, the Khyber-Pakhtunkhwa government launched an investigation into the mega corruption scandal in Kohistan district, where an estimated Rs40 billion had allegedly been siphoned off from the provincial treasury. The account was meant for retention money by contractors for schemes of four departments including communication and works, local government, irrigation and public health engineering departments. The scandal came under intense scrutiny during a meeting of the PAC, chaired by K-P Assembly Speaker Babar Saleem Swati. Officials from the finance department and the Accountant General's office admitted during the session that billions had been misappropriated from government funds. While an official embezzlement figure of Rs24 billion had been confirmed, the PAC members expressed dissatisfaction with the explanations provided by finance secretary and the accountant general. On Wednesday, the audit officials revealed that there had been a misuse of cheque book, with fraud committed by three individuals who have now been arrested. The National Accountability Bureau (NAB) is currently investigating the matter. The auditor general disclosed that despite sending three letters to the finance department, no disciplinary action had been taken against any of their officials. The committee demanded complete details of the case and directed that all relevant records be submitted.


Business Recorder
19 hours ago
- Business Recorder
Small traders reject hike in rates of fuel prices
KARACHI: The All Pakistan Organisation of Small Traders and Cottage Industries, Karachi chapter on Wednesday come out strongly against the government's recent increase in fuel prices, condemning it as an 'anti-trader, anti-economy' decision that will only deepen the crisis already engulfing Pakistan's commercial capital. Led by their President, Mahmood Hamid and senior leadership including Syed Liaquat Ali, Javed Haji Abdullah, Naveed Ahmed, and Usman Sharif, the body rejected the hike of Rs8.36 per litre in petrol and Rs10 in diesel, calling for its immediate reversal. The leaders described the move as a cruel blow delivered just a day after the imposition of Rs463 billion in new taxes through the federal budget. 'This shameful fuel price hike will paralyse the economy,' they warned. 'It will raise transport and logistics costs, trigger fresh waves of inflation, and make business operations unaffordable—pushing both ordinary citizens and small traders to the brink.' They painted a bleak picture of Karachi's civic landscape, already reeling from post-monsoon neglect. 'Markets are submerged in filth, with stagnant water still not drained. Roads across commercial centres look like archaeological ruins, battered by decades of neglect. Power outages are routine, and K-Electric's excessive billing and poor service have become unbearable,' they said. According to the traders, the sudden spike in fuel prices will only exacerbate these conditions, as transportation of goods becomes costlier, shop rents soar due to electricity adjustments, and consumers cut spending amidst rising living costs. In particular, they took strong exception to Section 37AA of the new budget, which empowers tax officials to detain traders and recover taxes directly from their accounts. Terming it 'draconian and disgraceful,' the leaders said it violates constitutional protections and business ethics. 'The tax net cannot be expanded by treating traders like criminals,' they said, warning of a citywide protest movement if the clause is not withdrawn. The traders dismissed gains in the stock market as 'artificial window dressing,' saying real economic progress is impossible without structural support for the business community and proper civic governance. 'Karachi is the backbone of Pakistan's economy, but it's being choked with taxes, fuel hikes, and criminal neglect. This cannot continue. We demand that the government stop punishing the city that pays the country's bills,' the statement concluded. Copyright Business Recorder, 2025