The financial irregularities amounted to Rs 209.79 billion. The evasion of such a massive amount was not possible without official connivance, said experts quoted by the paper.

Pakistan Auditor General's office, in its audit report for the year 2010-11 for indirect taxes, unearthed irregularities of Rs.198.686 billion.

Also, the report for year 2010-11 on direct taxes reveals evasion of Rs 11.111 billion.