• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Monday, June 8, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Gwadar water crisis deepens amid Rs5.9 billion financial irregularities

Published on: May 31, 2025 4:27 PM

The Public Accounts Committee (PAC) of the Balochistan Assembly has uncovered financial irregularities exceeding Rs5.9 billion in the Public Health Engineering (PHE) Department and major infrastructure projects in Gwadar. During a recent PAC meeting chaired by Asghar Ali Tareen, serious lapses were revealed in procurement practices, project delays, and unaccounted expenditures spanning 2018 to 2021. The session included senior audit officials, committee members, and opposition leaders who expressed deep concerns over transparency and governance.

A special audit report highlighted several discrepancies including payments of nearly Rs240 million made without deducting income tax and contracts worth Rs4.9 billion awarded without any formal tendering process. Significant irregularities were also noted in water supply schemes executed during drought conditions, where over Rs380 million were mishandled. Furthermore, purchases of fuel, oil, lubricants, and repair materials by the Gwadar executive engineer were made without proper documentation, raising suspicion about the legitimacy of these transactions.

PAC members called for thorough investigations into officials responsible for the financial mismanagement and demanded accountability for the missing records. Chairman Tareen stressed the importance of protecting public funds and warned that strict legal action would be taken against anyone found guilty of corruption or misuse of resources after due process. The committee’s criticism extended to the Gwadar water project, with concerns raised that billions spent could have been better utilized to ensure water supply via ships from Singapore.

The committee also reviewed the troubled Mangi Dam project, initially scheduled for completion in June 2022 but now significantly delayed, with costs soaring from Rs7 billion to over Rs18 billion. The audit report blamed consultant inefficiency, flawed planning, and frequent project revisions for the overruns and delays. Despite its massive budget, the project has failed to provide clean drinking water to the public, leading to sharp criticism from the PAC.

Chairman Tareen described the situation as an institutional failure and announced plans for an on-site assessment of the projects with committee members. The PAC is determined to uncover the full extent of the financial irregularities and ensure that responsible individuals are held accountable, reaffirming its commitment to safeguarding public resources and improving governance in Balochistan’s development initiatives.

 

Filed Under: Business Tagged With: Balochistan Assembly, financial irregularities, Gwadar, infrastructure projects, Public Accounts Committee (PAC), Rs5.9 billion

Submit a Comment




Primary Sidebar




Latest News

Mahira Khan reacts to acid attack on Quetta doctor, calls incident ‘barbaric’

Taylor Swift becomes richest female musician in history as net worth hits $2 billion

Lily Collins brings ‘Emily in Paris’ charm to French Open

Kim Kardashian cheers on Lewis Hamilton amid growing romance

Momina Iqbal’s rukhsati date revealed by sister

Pakistan

GB polling concludes peacefully: PPP, PML-N and PTI claim leads

Government warns against attempts to fuel unrest in AJK

Bilawal calls for dialogue to resolve AJK political crisis, meeting with PM likely

27 terrorists killed in North Waziristan IBOs: ISPR

Naqvi meets FM Araghchi, delivers CDF Munir’s message to Khamenei

More Posts from this Category

Business

Businesswomen call for economic inclusion, increased opportunities in budget discussions

OPEC+ agrees fourth oil quota hike since Hormuz closure

Global airlines slash 2026 profit forecast on fuel shock from Iran war

Economic pressure rises as joblessness hits record level, inflation shows no relief: BMP

‘FPCCI budget proposals can attract investment’

More Posts from this Category

World

Trump calls for more ‘surgical’ strikes against Hezbollah

42nd anniversary of Operation Blue Star: Stark reminder of Indian state’s tyranny towards Sikhs

Israel kills nine in Gaza as Egypt hosts new ceasefire talks

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.