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PR No. 169 AUDITOR GENERAL OFFICE WILL BE ASKED FOR TIP ACCOUNTS AUDIT OF LAST TEN YEARS. Islamabad: June 23, 2016

The audit committee of TIP Board after scrutinizing the accounts of TIP for last 10 years has requested the board to refer the matter to Auditor General of Pakistan for a special audit of TIP accounts. This was decided in 187th Board of Directors meeting of Telephone Industries of Pakistan (TIP) which was held under the chairpersonship of Minister of State for IT & Telecom Mrs. Anusha Rehman here in Islamabad today. Federal Secretary IT Mr. Rizwan Bashir Khan, MD T.I.P Mr. Zia ul Haq, Member Telecom Mr. Mudassar Hussain, Member Legal Ms. Ameena Sohail, Member HR Mr. Tahir Mushtaq and other Board Members were also present in the meeting.

The Board has categorically stated that TIP has not been authorized to use their accounts for payment of unauthorized expenses of their employees. The Board directed TIP management to resolve all their outstanding financial issues on priority basis by keeping in mind that TIP resources should only be used for its mandated purposes.

MD TIP assured the board that directions of the honourable board will be complied with in true letter and spirit.

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