Irregularities Worth Rs. 750 Million Uncovered at Islamabad Club

The Auditor General of Pakistan has uncovered massive financial irregularities amounting to Rs. 750 million while auditing Islamabad Club. A detailed audit report seen by ProPakistani reveals that the club suffered a loss of Rs. 199.2 million during the financial year 2022-23, yet employees were awarded bonuses totaling Rs. 100 million. The Auditor General identified Rs. 300 million spent illegally on in-house schemes without proper estimation and measurement. Notable expenses highlighted in the audit report were Rs. 14.4 million for constructing a lake near a cricket ground and Rs. 16.1 million for procurement of floodlights without open bidding. The report also highlights the non-receipt of Rs. 104.5 million in fees from club members and Rs. 93.6 million spent on civil works without design approval from the Capital Development Authority (CDA). Additionally, Rs. 25 million was paid against refunds for corporate membership fees, and another Rs. 105 million was spent on various development projects. The report took strong notice of hiring of a consultant for Rs. 4.4 million without open competition.