bright opportunities for a good financial culprit

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S. A. Pasha's ArticlesS. A. Pasha's Articles

WEDNESDA Y, 25 MAY 2011

BRIGHT OPPORTUNITIES FORA GOODFINANCIAL CULPRIT

We the people of

Pakistan are perhaps

the most fortunate

nation of the World,

because despite of the

fact that our names

are being taken with

the top ranked

corrupted societies,

we dont pat pay taxes

but still we are

enjoying the fruits

because someone is

paying taxes in USA for us. But today I pick my pen with the intension

of writing on the subject of future for a good financial culprit we are

fortunate again because we do not have any Comprehensive General

Procedural Guidelines for procurement by government departments

and ministries. Although in this regard Federal Government has

notified the Public procurement Regulatory Authority (PPRA) and its

Rules as a compendium of general provisions in the form of executiveinstructions to be followed by all offices of Government of Pakistan

while dealing with matters of financial nature specifically to the

procurement of Goods & Services.

Corruption in Procurement is a serious but common issue in Pakistan.

Although the formation of PPRA is the first sincere effort to take

notice and to take some control of the situation. The rules defined by

PPRA provides a broad regulating framework for transparent Public

Sector Procurement and are applicable to all Public Sector

Departments of Federal Government, but only strict compliance of

these rules can lead to a transparent and accountable process of

procurement in public sector. But here it is worthy to mention that

the PPRA Rules does not deals with many major component of the

transaction for example PPRA does not deals with the mode of

payments which is dame good for the culprit society like us.

The accountants as well as auditors of this Global Village is moving

towards the transactional Cycle approach, but we have missed many

basic component that leads towards the corruption and many times

It enhances the corruption to the level of intellectual corruption for

example due to unavailability of mode of payment cash payments in

various cases beside this it also leads towards the undocumented

transactions.

MY BLOG LIST

From the Pen of S. A.Pasha

SENIORITY

ONLY BY THE

PASSAGE OF

TIME

solution to

this common

dilemma especially in

public sector - As you

might be aware of the fact

that in the country we lives

in, contrary to the rest of

the world, seniority couldeasily be attained only with

the pas...

3 mo nths ago

S. A. Pasha's World ofExpressions!

WHISTLE

BLOWING -

AN INSIDE

BARK- *

**Introduction* We lives

in a complex world, the

evidence is that our world

is full of humans. Every

day, dec isions are made

that can affect o ur health,...

4 months ago

Corporate Affairs -Solutions &RecomendationsNotes to the Agenda &

Notice of Resolution For

the Meeting of Board of

Director - *1. A PPROVA L

OF xTH BOARD OF

DIRECTORS MEETING*

*Notes to the agenda* The

minutes of xth Board of

Directors meeting(annexed at A) are

required to be appro...

6 months ago

Karachi UrbanTransport CorporationLimited KarachiCircular RailwaysInternal Auditors Term of

Reference (Draft) - The

objective and scope of

wor k of the e ngage ment

should at least include the

following: 1. To assist the

organization in carry ing

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Despite these efforts, challenges in combating corruption in public

sector procurements still lie ahead of PPRA in many departments of

government. Most of these challenges concern the loopholes in the

regulation of procurement frameworks. A number of departments

have only rudimentary checks to follow the rules and regulations set

by PPRA.

In many departments, procurement policies and procedures remain

too often dispersed in several areas, executive orders, or not abiding

by the guidelines and great discretion is left to the lower staff of the

administration. Conflicts with PPRA regulations and betweennumerous executive orders sometimes render these frameworks

vulnerable to ambiguity.

All departments have orders to follow procurement regulations set by

PPRA but they do not apply these to certain procurement orders,

reasons well-known to everyone. Some departments exempt certain

procuring entities or certain goods and services from the application

of procurement rules. These exempt areas may constitute very large

proportions of public purchases. However, substitute rules that

override the defined principals of procurement framework in these

exempt areas seldom exist.

Often, planning or implementation is not regulated at all according toPublic Procurement Rules, 2004, these procurement phases also

often escape the scrutiny of auditors and the general public. Hence,

the fight against corruption in procurement is still in rudimentary stage

and the only hope to combat corruption is the strict application of the

Public Procurement Regulatory Authority Ordinance 2002, Public

Procurement Rules, 2004, Procurement regulations of PPRA. .

The Bright future will always be there until Every authority, delegated

with financial powers for procurement will act in such manner so as

to bring efficiency, economy, transparency in matters relating

to public procurement and for fair and equitable treatment of

suppliers and promotion of competition in public procurement.

We required a central procurement organization In case, however, a

ministry or department does not have the required expertise, it would

request the central purchase organization to make the procurement

on its behalf, with the approval of the competent authority in the

ministry/department.

In addition to the PPRA, a manual on policies and procedures for

purchase of goods should be published by Department of

Expenditure, Ministry of Finance, to assist the procuring entities and

their officers in the procurement of goods and services.

Further, the Central Vigilance Commission CVC could be set up bythe Government in having the primary responsibility of exercising a

general check and supervision over vigilance and anti-corruption work

in ministries and departments of the government and other

organizations to which the executive power of Government extend.

This may enables the CVC from time to time, to issue circulars which

would be required to be followed during procurement of goods and

services by the ministries and the departments. Circulars issued by

the CVC would also aim to increase transparency and objectivity in

public procurement supplementing the PPRA Rules. Via this

continuously required updates could be made in Procedures and Rules

and Regulations. Technical Releases could also be the add-on.

out specific corpor...

6 months ago

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Shabbir Ahmed Pasha

Karachi, Sindh, Pakistan

Mr. Shabbir Ahmed Pasha, B.Com., M.A in Economics,M.Phil Scholar, FITM, FICS, APFA, CPFA(CA),

ACMA(NG), AMIA, AMRP, ACSP is Chief Financial Officer at Karachi Circular Railways (Karachi Urban

Transport Corporation)and Part-time Director of HERITAGE Financial Management Pakistan. He is a

Researcher in the field of Public Finance and Accounting. He is the Chartered Secretary, Management Consultant, Financial,Corporate Law and Tax Consultant.

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