A spokesman of PTA contradicted the report appeared in a section of the press regarding alleged embezzlement of Rs 7.9 billion in the organization, reported APP today.
PTA official was further quoted saying that the report which was based on the observations of Auditor General of Pakistan (AGP) presented only one side of the picture.
Auditor General of Pakistan (AGP) has not identified any embezzlement, but has pointed out some alleged irregularities which are yet to be finalized by Public Accounts Committee (PAC), the final authority on such issues pertaining to Public institutions, said the spokesman.
Furthermore, most of the expenditures/payments are purely administrative in nature.
The spokesman said out of Rs 7.9 billion as reported, 7.711 billion are receivables from telecom operators, cases regarding which are pending in the different courts. Out of remaining Rs 239 million, 145 million was spent by the telecom operators/licensees without any burden on government exchequer.