The Auditor General of Pakistan (AGP), in its 2024-25 audit report, has unveiled a staggering governance crisis in the country’s power sector, identifying financial and operational irregularities amounting to Rs. 4,800 billion.
The report, covering the financial year 2023-24, paints a grim picture of systemic failures, mismanagement, and widespread violations across the sector.
The report, which will be presented to the Public Accounts Committee (PAC), does not single out any specific scandal but highlights a comprehensive breakdown in governance. It reveals a culture where rules are routinely flouted, contracts are poorly managed, and public funds are exposed to significant risks, mismanagement, and, in some cases, outright theft.
The audit scrutinized the accounts of the Power Division, its affiliated entities, and the National Electric Power Regulatory Authority (NEPRA). The following are the major findings:
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