ISLAMABAD – Pakistan Baitul Maal was formed to provide financial assistance to the underprivileged, but Auditor General of Pakistan (AGP) revealed staggering irregularities of Rs2billion.
A report shared by a local news channel said financial irregularities, that amounts to over Rs2 billions, have emerged at Pakistan Baitul Maal.
The audit revealed discrepancies exceeding Rs2 billion, raising serious concerns about the organization’s fund management and distribution practices.
A big chunk of amount was allegedly redirected to government employees, instead of providing to the poor – who are facing hard times amid back breaking inflation. It said Rs28 million that was supposed to assist the poor was improperly distributed among government staff. This misuse directly contradicts Baitul Maal’s mission and raises accountability issues.
Audit said Rs1.37 billion in government funds were transferred to a commercial bank account, casting doubt on the transparency and legality of these transactions.
The report also points out that Baitul Maal Lahore did not return Rs520 million in unspent funds to the treasury and misused Rs162.3 million beyond the allocated budget, indicating further financial mismanagement.
These findings underscore urgent need for a thorough investigation to ensure that funds intended for Pakistan’s most vulnerable populations are used as intended and with proper oversight.
‘I’ll prefer death instead of betraying my nation,’: Imran Khan rules out possibility of any deal
