- 278,000+ consumers hit with Rs47.81bn Inciled accounts in one month.
- Exaggeration is used to hide losses, without action not taken against officials.
- Official auditors mean missing files, require explanations.
A formal control has exhibited huge and financial fraud by eight energy distribution companies, draining hundreds of billions of unsuspecting consumers already crushed by inflation and low incomes and high invoices.
According to the Auditor General of Pakistan’s latest report, these companies exceeded consumers by 244 billion Rs, allegedly hiding ineffectiveness, line losses and electricity theft.
The names of the names islamabad electric Supply Company (IESCO), Lahore (Lesco), Hyderabad (Hesco), Multan (Mepco), Peshawar (Pesco), Quetta (QESCO), Sukkur (Sepco) and Tribal Area ERECTION Electric Supply Company (Tesco) among those involved.
Five of the companies reporting 278,649 consumers by RS47.81 billion in a month, the report said.
Over 900 million extra units were charged to customers during the financial year 2023-24, without being undertaken against responsible officials, the audit reveals.
In some cases, companies claimed that they had returned billions of rupees, but the audit authorities said no data were provided and claimed verification records.
A separate finding shows that an additional $ 22 billion in the name of “load adjustment” was incurred to cover technical damage.
The exhibition highlights Qesco as the worst offender, with RS148 billion in overcoming agricultural consumers. He argues that the inflated Qesco pipes accounts to cover the poor performance.
Meanwhile, 1,432 feeders to all companies were used to send inflated accounts totaling RS18.64 billion. Despite repeated applications, the relevant files were not shared with control groups.
Some consumers received returns – including RS5.29 billion for incorrect meter measurements and RS2.18 billion in Pesco credit adjustments.
Audit officials have requested explanations from the eight companies.
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