PAKISTAN: Auditors Uncover Textile Export Scam
Auditors have uncovered what could potentially be a massive swindle during routine investigations of textile exports. The Export Promotion Bureau, trade associations and some big exporters are thought to be profiting from the scam said auditors from Ford, Rhodes, Robson and Morow. Monthly reports have detailed a list of irregularities, from issuance of visas, transfer transactions and verification of category pass books, but so far the government has done nothing. The Quota Supervisory Council, which is responsible for running the affairs of textile quota management, is silent over the issue and has not taken any action at this stage.
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