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ISLAMABAD ( MEDIA REPORT ) The auditor general of Pakistan (AGP) is reported to have found more than Rs1.32 trillion worth of embezzlement, irregularities, recoveries and over payments by companies and organisations under the Water and Power Ministry during 2016-17. Submitted to the president and laid before parliament, the AGPRead More →

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In: Banking Sector
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KARACHI ( GUEST WRITER ASLAM SHAH ) Allied Bank of Pakistan (ABL) is involved in the embezzlement of over Rs 1.62 billion, deposited as a fixed deposit for different tenures in 2010, of the Karachi Metropolitan Corporation’s (KMC) pension and investment accounts. The Federal Investigation Agency (FIA) after a probeRead More →