AGP forms team to conduct forensic audit of loss-making SOEs

ISLAMABAD: The Auditor General of Pakistan (AGP) has constituted a four-member team to conduct forensic audit of major loss-making state-owned entities (SOEs). 

According to documents available with this scribe, the forensic audit team would be led by Director Commercial Audit (Karachi) Saqib Bashir (BS-19), whereas its members would include Deputy Director Attiqueur Rahman and Audit Officer Nadeem Masood from Commercial Audit (Lahore), and Assistant Audit Officer Saqib Hussain. 

Sources said that the finance ministry, on the instruction of Prime Minister Imran Khan, had issued a letter to the AGP, asking it to conduct a forensic audit of those major loss-making SOEs which haven’t been audited for several years.  

Responding to the finance ministry’s letter that had asked whether the AGP had sufficient expertise to carry out forensic audit of the entities, the AGP office affirmed that it had the required experience and expertise to conduct forensic audit and that a team had also been formed for this purpose.

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