Audit Report Reveals PIA FAILED TO RECOVER OVER RS20 BILLION DUES
The Nationwide Flag Provider, Pakistan Worldwide Airways (PIA), has did not get well greater than Rs.
The report said that Pia has not been in a position to acquire RS 20.39 Billion in Receivables. The auditor geneal of Pakistan raised serous concreas in regards to the airline’s Failure to get well these aeronautical prices.
Auditors not try this Situation was highlighted in December 2024, Pia Did Not Take Any Efficient Steps to Recver The Cash. In addition they painted out that these dues have reimained unpaid sensce the monetary yr 2019-20, Regardless of a number of conferences with the Financial coordination Committee (ECC) and the aviation division.
As of 30 June 2024, when the audit was accomplished, the quantity was nonetheless unpaid.
The Report Criticised Pia for not Having A Correct Restoration Plan and For FAILING TO HOLD A Departmental Accounts Committee (Dac) Assembly growing earlier than the audit was finalized.
Auditors recommened that the Aviation Division Step in directorly to assist the outsanding quantity as quickly as Potential.
