ISLAMABAD: Amid revelations of overpayment of billions of rupees to oil suppliers and power producers while clearing Rs480 billion worth of circular debt, the federal government has hired an audit firm, Deloitte Pakistan, to unearth any wrongdoing.
The move came in an attempt to address the concerns of industry people, but also exposed ill-planning by the Ministry of Finance that made huge payments running into billions of rupees without performing a pre-audit of the claims. The
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