Rs34.40 million embezzlement detected in Hesco
SUKKUR: Gross misappropriation of Rs34.40 million has been detected in the Operations Division, Ranipur of the Hyderabad Electric Supply Company (HESCO) Ranipur.
Reliable sources said the Executive Engineer Hesco/Sepco, Operations Division Ranipur and Revenue Officer misappropriated Rs34.40 million through kickbacks and forgery during May, 2010 and June, 2011.
Sources said the misappropriation was done against Credit Adjustment (CP-52 credit) at the rate of 50 percent bribe of the total rebate. Sources said the staff of the billing section of Revenue Office SEPCO, Ranipur manipulated blank correction letters from the SDOs in favour of influential consumers and the officials allowed undue refund to them during eleven months.
The local audit parties of the HESCO/SEPCO detected the irregularities during investigations and quoted it in their letter to Deputy Chief Auditor (DCA) HESCO and demanded action against the involved officers.
The DCA took serious notice and observed that the officials had provided un- justified refund to defaulting consumers which resulted in a revenue loss of millions of rupees to the office. Sources revealed that the CEO HESCO constituted a three-member committee to probe into the matter.
They said the involved erring officers used their political influence for pressure on the probe body. The misappropriations included providing bogus TA and DA to some staff members of Revenue to the extent of Rs10,0000 per month from April 2011 onwards. The Revenue Officer also misused imprest amount through bogus vouchers in the names of book stores and misused an amount of Rs53,000 per month since May, 2010 onwards.
Sources said Chairman Public Accounts Committee (PAC) of the National Assembly, Chairman National Accountability Bureau (NAB) and Director General FIA Islamabad took notice of the gross misappropriation asked the CEO HESCO to give reasons for not taking severe action against the involved officials. They also sought the names of the protectors of the culprits and also the list of the defaulter clients, who had been unfairly facilitated.