ISLAMABAD: The Ministry of Petroleum and Natural Resources has been directed to immediately curb open sale of petrol and take action against the violators.
The Public Accounts Committee, in a meeting held under the chairmanship of Syed Khursheed Ahmed Shah, also reviewed the audit objections for the 2009-10 and 2010-11. The meeting was attended by MNAs Sardar Ashiq Hussain Gopang, Syed Naveed Qamar, Akhter Ali, Raja Javed Ikhlas, Rana Afzal, Junaid Chaudhry, Rohail Asghar and Mehmood Khan Achakzai.
During the meeting, the officials from the Auditor General Office briefed the committee that in financial year 2009-10, under the gas development surcharge UFG ratio was increased from 4.5 to 7 per cent by the ministry, causing a loss of Rs2.86 billion to the national exchequer.
In the meeting, the audit officials told the meeting that the ministry could not recover almost Rs. 510 million in the wake of the 15 per cent interest on gas development surcharge from PPL, MGCL and from another companies.
