Despite concrete evidence of huge financial corruption in PCB and NCHD General Musharraf is shamelessly continuing to protect his buddy and business partner Dr. Nasim Ashraf. The question is Why?
In March a huge financial scandal was uncovered by the Auditor general of Pakistan at NCHD an organization which is being run by Nasim Ashraf the details of the audit report are highlighted in the following report:
Furthermore the Senate’s Sub committee for sports has also several times recommended the accountability of Nasim Ashraf for his gross mismanagement and financial corruption being done at PCB. PCB was not to long ago being efficiently managed by a staff of 32 employees now the number of its employees is 756 most of whom are ex military officers who are close to Musharraf and are directly appointed by him to look after his interests in the organization.
Despite a huge public outcry for the accountability of Nasim Ashraf and multiple direct pleas made by Ex Cricketers to thePresident Nasim Ashraf is still controlling PCB.
WHY? We all know PCB is a cash rich organisation and the following article will explain in detail the hidden relationship between Musharraf and Nasim Ashraf. They are Business Partners billions have been looted from these two organisations and used to buy PSO (Pakistan State oil). The article is an eye opener for those who believe Musharraf has never indulged in a financial corruption.
March 20/ 2008 (DAWN) – An audit report has unearthed irregularities, unauthorized use of funds and unaccounted for expenditures amounting to Rs 1,289.997 million by the National Commission for Human Development (NCHD) [which is headed by its Chairman Nasim Ashraf].
Findings of the Auditor General of Pakistan’s report for 2005-06 highlight major issues like unauthorized utilization of endowment fund, unreliable accounting record, non-retrieval of costly assets from various NGOs, irregular payment of salary and allowances to officers working in the NCHD on deputation, and lack of internal controls in the organisation.
The report says the Commission irresponsibly spent about Rs 1,250 million from the endowment fund; it has failed to retrieve about Rs 3.22 million from various civil society organisations after expiry/ cancellation of their contracts; an amount of Rs 22.1 million received from telethon had not been accounted for; and unsecured advance payment of Rs 14.677 million was made to a company for supply of 24 imported vehicles out of which 18 were not supplied.
Accounting record of the organisation has been declared unreliable. Irregular appointments, inappropriate payment and allowances to officers have also been reported. A large number of bank accounts for different receipts were maintained without justification and foreign aid has not been reported to the government.
During the audit of the NCHD accounts, it has been observed that proper accounts of receipts and expenditures have not been maintained in accordance with the generally accepted accounting principles.
The Auditor General has also accused that complete record was not provided to the audit team for inspection.
Similarly, the NCHD management also refused to produce the records relating to provision of contracts to NGOs/CSOs and their terms and conditions despite repeated requests from the audit department.
Furthermore, none of the CSOs could complete the tasks they had been assigned and failed to fulfill the contractual clauses.
NCHD Chairman Dr. Nasim Ashraf was not available for comments. This reporter repeatedly tried to contact him for his version, but the office secretary said he (Dr. Ashraf) was busy in a meeting. A message left with the secretary also went unresponded.
The Desperate Bid to Award Rs 874 Million to Nasim Ashraf
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