A recent audit report has revealed that 28 vehicles owned by the President’s Office have not been insured.
Among those vehicles, 13 vehicles are high security vehicles with each being valued around Rs. 250 – 300 million, the report notes.
The report adds that due to the high value of the corresponding high-insurance vehicles, nearly Rs. 20 million have to be paid per such vehicle as insurance.
The Accounts Officer of the Presidential Secretariat has informed the Auditor General that the vehicles have not been insured, considering the high cost.
It is stated in the report that alternative policy decisions should be introduced if the existing laws of the country are not followed, but this has not been done in this case.