Visit Indian Travel Sites
Goa,
Kerala,
Tamil Nadu,
Andhra Pradesh,
Delhi,
Rajasthan,
Uttar Pradesh,
Himachal Pradesh,
Assam,
Sikkim,
Madhya Pradesh,
Jammu & Kashmir
Karnataka
|
Audit report unearths massive 500 m rupee financial scam in PCB | An audit report of the Pakistan Cricket Board (PCB) has
revealed massive financial irregularities in the board amounting to over 500 million rupees. According to a report of the Auditor General, the PCB incurred huge losses
of over 500 million rupees from 2003 to 2008 during the period when Shahrayar
Mohammad Khan and Dr Nasim Ashraf headed the board. The report said that the
PCB,
which has long been crying over its sagging financial accounts, paid an additional
bonus of 90 million rupees to its employees during the said period against the
board's laws. It also pointed out that Shafqat Naghmi was appointed as the Chief
Operating Officer (COO) of the board bypassing the formal channels, and that the
National Assembly was kept in the dark about his appointment. Naghmi was paid
10.07 million rupees as salary and other benefits during his tenure, The Daily
Times quoted the audit report, as revealing. The audit report further disclosed
that eight senior officials were paid 10.28 million rupees 'illegally' during
the ICC Champions Trophy in 2008. |
|
|
|
|
|