KARACHI: Allegations of financial mismanagement amounting to Rs40 billion have surfaced at the National Institute of Cardiovascular Diseases (NICVD) in Karachi, according to the latest audit report by the Sindh Directorate General of Audit for the fiscal year 2023–24.

The report has raised serious concerns regarding the financial handling at one of Pakistan’s leading cardiac treatment facilities, prompting immediate action from Sindh Health Minister Dr. Azra Pechuho, who has taken formal notice of the matter.

Inquiry Committee Formed

In response to the report, the Health Department has constituted a two-member inquiry committee to examine the findings. The committee comprises the Additional Secretary and Deputy Secretary of Health, and has been instructed to submit its report within 15 days.

The audit objections primarily relate to irregularities that occurred before November 2023, which is prior to the tenure of the current Executive Director.

NICVD Responds: ‘Audit Observations, Not Final Verdict’

In a statement, the NICVD spokesperson urged caution, emphasizing that audit observations do not automatically equate to corruption.

“These are routine audit paras that are part of standard government review processes aimed at improving financial accountability,” the spokesperson said.

The hospital clarified that many of the highlighted points relate to appointments and financial activities dating back to 2017–2018, and not during the tenure of the current leadership.

“Labeling preliminary audit findings as confirmed corruption without due process is not only irresponsible but also misleading,” the spokesperson added. “We are committed to full transparency and will respond to each observation in accordance with rules and procedures.”

A Call for Accountability

While the NICVD maintains that these are preliminary findings, the scale of the reported irregularities has alarmed both government officials and the public. Civil society and health sector observers are now calling for a thorough, transparent, and fair investigation to ensure accountability and restore public trust in one of the country’s most vital health institutions.

The final report of the inquiry committee is expected in the coming weeks and will likely determine whether the audit points evolve into formal charges or are resolved through clarification and compliance.