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
Iran expected to make new offer to ‘reluctant’ US
Nepra abolishes licence requirement, fee for small solar users
Microsoft removes Israeli names for occupied West Bank
Ukraine, Israel trade barbs over ‘stolen’ grain
PM meets European Union business delegation
Pakistan successfully conducts training launch of Fateh-II missile system: ISPR
Judicial Commission of Pakistan approves transfer of 3 IHC judges
UAE leaves Opec and Opec+ in huge blow to global oil producers’ group




Multi Media   
2025 in Review: A Year of Impact and Progress in Brussels
 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