KP Minerals Department Faces Rs16.94 Billion in Audit Irregularities
PESHAWAR: The Khyber Pakhtunkhwa (KP) Minerals Department is under scrutiny following an audit report revealing irregularities amounting to Rs16.94 billion. The report, issued by the Auditor General of Pakistan, highlights significant financial mismanagement, including a staggering Rs8 billion loss attributed to illegal mining activities.
The audit indicates that the department’s failure to recover outstanding dues, totaling Rs4.31 billion, is a primary contributor to these financial discrepancies. Officials have acknowledged the need for immediate reforms to address these issues and ensure accountability within the department.
This situation raises serious concerns about the governance and oversight of mineral resources in KP, which could have broader implications for the province’s economy and its ability to attract investment. The financial losses not only undermine public trust but also hinder the potential for sustainable development in the region.
In response to the audit findings, the provincial government is expected to initiate a comprehensive review of the Minerals Department’s operations. Upcoming meetings are likely to focus on implementing stricter regulations and enhancing recovery efforts for outstanding dues to mitigate future losses.