BISP Fraud 141 Billion
BISP Fraud 141 Billion: A shocking revelation has emerged regarding financial irregularities exceeding 141 billion rupees in the Benazir Income Support Program (BISP).
According to a private news channel, Samaa TV, these irregularities were exposed in the Audit Report 2023-24. The report highlights that payments were made to multiple individuals without verifying their identity cards. Additionally, educational stipends were misused, and cash was withdrawn from the accounts of deserving beneficiaries.
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Payments without identity cards and other irregularities
According to the audit report:
- Some beneficiaries have not been paid their dues of Rs. 54 lakh 67 thousand till now.
- There is no record of identity cards of more than 30 lakh 77 thousand beneficiaries.
- Payments worth Rs. 116 billion 95 crore were made without identity cards.
- More than 54 lakh 35 thousand students were paid Rs. 10 million 38 lakh without checking attendance.
- Students who did not meet the 70 percent attendance requirement were paid Rs. 15 crore 42 lakh.
- Illegal payments of more than Rs. 4 billion were made to undeserving individuals.
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Key Findings of the Audit Report
The audit report has brought to light several serious financial mismanagements within the BISP:
| Irregularity | Amount (in Rupees) |
|---|---|
| Payments made without verifying identity cards | 116 billion 95 crore |
| Students received stipends without attendance verification | 138 million |
| Over 57,833 students who failed to meet the 70% attendance requirement still received stipends | 1.54 billion |
| Unauthorized students were paid scholarships | 115 million |
| Active taxpayers wrongfully received payments | 4 billion |
| Unjustified cash withdrawals in irrelevant districts | 454.7 million |
| Unauthorized withdrawals from beneficiaries’ accounts | 115 million |
| Arrears of 54.67 million still unpaid to some beneficiaries | 54.67 million |
| Unauthorized household survey payments | 7.72 billion |
| Illegitimate deputation allowance payments to employees | 637 million |
| Excessive payments under the Nashonuma Program | 55 million |
| Unrecovered embezzled amount | 40 million |
| Under-deduction of income tax | 30 million |
| BISP funds given to relatives of government employees | 6 million |
| Unauthorized enrollment of students in the stipend program | 2.8 million |
Is the BISP System Truly Transparent?
This report raises several questions about the financial system of BISP. According to government officials, these irregularities are being thoroughly investigated, and strict action will be taken against those responsible. However, there is growing public concern about whether the program can really be steered in the right direction.
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Conclusion
The audit report has raised serious concerns about financial mismanagement in the Benazir Income Support Program (BISP). Billions of rupees have been misused through unauthorized payments, fake enrollments, and identity fraud. The government is now expected to take strict action to prevent further corruption and ensure that only the truly deserving beneficiaries receive financial aid.
FAQs
🔹 What is the total amount of financial irregularities detected in BISP?
The audit report has revealed financial mismanagement of over 141 billion rupees.
🔹 What are the major issues found in the BISP audit?
The report highlights unauthorized payments, misuse of educational stipends, withdrawals without verification, and payments to government employees’ families.
🔹 Will the government take action against these irregularities?
Yes, the government is expected to investigate the matter and take strict action against those responsible for these financial irregularities.
This exclusive update provides authentic and shocking insights into one of Pakistan’s largest social welfare programs. If you want to stay updated with the latest news, keep visiting 8171bispnews.com! 🚀
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