Audit report reveals ADB’s $30mln aid ‘misuse’

Pakistan(National Times)- According to the audit report presented before the Public Accounts Committee (PAC) of the National Assembly, the ADB’s aid was granted for flood relief, but it was ‘used’ to assist Turkey and Syria disaster regions. During today’s meeting of PAC, Parliamentary leader Aamir Dogar questioned whether NDMA is authorized to allocate foreign aid to other countries. In response, NDMA chairman stated that relief aid for brotherly nations is sourced from Pakistan’s own emergency stockpiles, which were later replenished. PPP leader Shazia Mari criticized the move, stating that the grant was meant for Pakistan’s flood victims but was instead used abroad. PTI leader Riaz Fatyana highlighted that even after two years, clearance from ADB has not been secured. Opposition Leader in NA Umar Ayub warned that improper utilization of grants and loans damages donor confidence and affects future aid. He further demanded that the Secretary of Economic Affairs Division be held accountable for the mismanagement of ADB funds. Audit officials also disclosed that ADB’s Country Director had inquired about fund utilization in 2023, seeking a detailed report, which remains pending.



Latest News
CDF Field Marshal Asim Munir warns India of ‘more severe’ retaliation next time
CTD Punjab arrests RAW-linked 12 terrorists, recovers explosives
Court seeks report from FIA on plea to register case against customs collector
Indonesian President Prabowo Subianto arrives in Pakistan for two-day official visit
Punjab intensifies crackdown on illegal number plates, tinted windows
IMF Executive Board meets today to approve $1.2bn tranche for Pakistan
Punjab braces for wheel-jam strike today against new traffic rules
Pakistan, Indonesia to hold discussions, sign MoUs in various fields




Multi Media   
DPM-FM Senator Ishaq Dar’s High-Level Brussels Visit: Key Highlights
 Multi Media
Embassy of Pakistan 🇵🇰 in Brussels || Quarterly Recap of Activities, Engagements & Outreach
 Multi Media
DPM Dar sends Trump peace prize nomination to Nobel Committee
 Multi Media
Pak Navy Chief Visits Foreign Ships Participating in Ninth Multinational Naval Exercise Aman | ISPR
 Multi Media
PM Shehbaz Sharif Addresses | Breathe Pakistan Global Climate Conference I 07-02-2025