Power Division dismisses reports of trillions in sector irregularities

August 21, 2025 (MLN): Power Division rejected media reports highlighting audit findings of Rs4.8 trillion ($17.3 billion) in irregularities in the power sector, saying the figures were based on “initial observations” rather than conclusions.

In a statement on Thursday, the division’s spokesperson said such observations are part of a routine process and are subject to further scrutiny through forums including Departmental Accounts Committees (DACs) and the Public Accounts Committee (PAC).

“These are not final findings and should not be misconstrued as irregularities of the present government’s tenure,” the spokesperson said. “Most of these observations will be settled once records are presented and discussions are held.”

Audit teams, according to the division, often flag issues such as missing documentation, compliance gaps, or disagreements over interpretation of rules.

The spokesperson emphasized that the eventual determination of financial irregularities depends on the outcome of DAC and PAC deliberations.

The clarification came after reports suggested Pakistan’s energy sector was facing Rs4.8 trillion worth of financial mismanagement.

The claims added to concerns about governance in the country’s troubled power industry, already burdened by mounting circular debt and rising consumer tariffs.

Copyright Mettis Link News