AGP spots Rs 1.22 billions irregularities in military farms

AGP spots Rs 1.22 billions irregularities in military farms
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Summary The farms suffered a loss of Rs 9.8 million due to the low prices of dairy products.

The Auditor General of Pakistan found irregularities of Rs 1.22 billion in the military farm houses administrated by the Defence Ministry.The audit officials found out while auditing the trading account of military farms that a loss of Rs 210.9 million was occurred due to mismanagement.The farms administration failed to recover their Rs 1.9 billion from various companies and individuals during the fiscal year of 2009/10.According to the audit officials, the profit of military farms was reducing due to mismanagement.

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