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ISLAMABAD - PTA failed to recover Rs 79.763 million of USF in 2010-11
The Auditor General of Pakistan (AGP) in its audit report high lighted irregularities, non recoveries of Rs 79.763 million on account of Universal Source Funds (USF) by Pakistan Telecommunication Authority (PTA) during FY 2010-11. These irregularities were unearthed in the special audit report on the account of PTA for the audit year 2011-12. According to the this report PTA did not recover an amount of 79.763 million on account of USF charges from the operators during FY 2010-11 despite pointing out by the audit in the previous audit reports. Audit report said that non recovery of receipts replicates ineffective financial managements of PTA and weak internal controls devised for realization of receivables. This report further revealed that Rs 9. 2 million have not been recovered from 4B Gentle International Ltd, Rs 3,163 million have not been recovered from Dvcom and Rs 67, 763 million have not recovered by PTA from World call telecom Ltd.

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