NAB is­sues ad­vi­sory to uni­ver­si­ties of Sindh on fi­nan­cial ir­reg­u­lar­i­ties

Daily Messenger - - Metropolitan -

KARACHI: NAB has is­sued an ad­vi­sory on var­i­ous fi­nan­cial ir­reg­u­lar­i­ties preva­lent in dif­fer­ent uni­ver­si­ties of Sindh.

NAB for­warded let­ters to Prin­ci­pal Sec­re­tary to Gover­nor Sindh un­der Ac­count­abil­ity Or­di­nance 1999 along with the rec­om­men­da­tions for­mu­lated in a con­cise doc­u­ment.

Ac­cord­ing to the law NAB can ad­vise the pub­lic au­thor­i­ties on the mea­sures to com­bat cor­rup­tion and cor­rupt prac­tices as well as to rec­om­mend amend­ments in laws, rules and reg­u­la­tions for elim­i­na­tion of cor­rup­tion.

The ad­vi­sory fol­lowed an in­quiry con­ducted by NAB on the al­le­ga­tions of var­i­ous mal­prac­tices and ir­reg­u­lar­i­ties preva­lent in Univer­sity of Karachi since long. The in­quiry con­cluded in high­light­ing aber­ra­tions and breaches of rules and reg­u­la­tions on a range of ad­min­is­tra­tive and fi­nan­cial mat­ters.

The fi­nan­cial ir­reg­u­lar­i­ties in­cluded pay­ment of leave en­cash­ment granted to all the em­ploy­ees whereas only re­tir­ing em­ploy­ees are en­ti­tled to it. Pay­ment of over­time to se­nior of­fi­cers, non bud­getary ex­pen­di­tures, ac­count han­dling of prov­i­dent fund, pro­cure­ments with­out ob­serv­ing SPPRA rules, weak in­ter­nal au­dit & fi­nan­cial con­trols mech­a­nisms are some of the fi­nan­cial as­pects high­lighted in the ad­vi­sory doc­u­ment. Be­sides that, the doc­u­ment also ad­vises the univer­sity au­thor­i­ties for bet­ter man­age­ment of its as­sets in or­der to fetch the high­est rev­enues for the in­sti­tu­tion.

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