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Wednesday, March 10, 2010

Procurement controversies -- Pakistan

Audit finds financial irregularities in ERRA
ISLAMABAD: ERRA is full of financial irregularities with no following of PPRA rules in procurement and there are also irregular payments to some of the favourite parties, reveals the audit report of the Authority available with The News on Wednesday.

An amount of Rs1.46 billion has been observed under the head of irregular expenditure and payments while scrutinizing the accounts of the Earthquake Reconstruction & Rehabilitation Authority (ERRA) where it failed to comply with observations of the audit.

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