KPEZDMC audit flags Rs18.46bn losses in FY 2024-25

The Auditor General of Pakistan tied Rs18.46 billion in KPEZDMC losses in FY2024-25 to unpaid leases, land disputes, and weak financial controls.

Auditor General of Pakistan flagged Rs18.46 billion in irregularities and losses at KPEZDMC in FY2024-25.

Rs2.08 billion in lease dues were not recovered despite court orders; commercial-land renewals shortfall was Rs629.8 million.

Land not vacated in Buner, Mohmand and Jalozai cost Rs1.08 billion; Haripur allotment to Al-Hadeed Engineering left Rs497.8 million unpaid.

Contingent liabilities of about Rs14 billion raise risks to the company’s continued operations.

Findings follow a separate KP Minerals Department audit that flagged Rs16.94 billion in irregularities.

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Zaviya News