News

National Bank Audit Unearths Rs. 235 Billion Irregularities

•
5 min read
•
Legal Editorial Desk
National Bank Audit Unearths Rs. 235 Billion Irregularities
The Auditor General of Pakistan (AGP) has unearthed massive irregularities in the National Bank of Pakistan (NBP) from 2012 to 2020, causing the national exchequer a loss of over Rs. 235 billion. According to details, the audit has been carried out by the Director-General Commercial Audit and Evaluation Karachi wing of the AGP. The report has identified 117 instances of misappropriations, irregularities, non-recoveries, and violations of rules in the NBP during the period under observation. Here is a list which details all the instances of the irregularities in the NBP.  
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours