AGP Reverses “Rs. 375 Trillion” Bombshell Report, Blames Typos

In a major U-turn move, the Auditor General of Pakistan (AGP) has retracted its earlier report that claimed to have uncovered irregularities worth a staggering Rs. 375 trillion in federal accounts, a figure more than 27 times greater than the country’s annual budget. The office has now released a corrected version, claiming that the initial report was marred by “typos” that had blown the numbers out of proportion. The revised document, titled “Consolidated Audit Report of Federal Government for the Audit Year 2024-25”, was quietly uploaded to the Department of the Auditor General of Pakistan’s official website a few days ago. In a clarification, the AGP stated: The Auditor General’s office has confirmed that the federal audit itself carried a price tag of Rs 3.02 billion. In its revised report, the office explained that the irregularities it identified stretch across several years and include items kept outside the formal budget, from circular debt to land disputes and the accounts of state-owned corporations and companies. It added that while the numbers remain huge, they follow patterns highlighted in past audit exercises. The original report, published in August, had painted a far more alarming picture. It cited procurement-related irregularities of Rs. 284 trillion, faulty and delayed civil works worth Rs. 85.6 trillion, receivables of Rs. 2.5 trillion, and outstanding circular debt of Rs 1.2 trillion, and more.