KARACHI, June 19 -- A Chief Minister's Inspection Team report has uncovered financial irregularities exceeding Rs8 billion in the Karachi Yellow Line Bus Rapid Transit (BRT) project, terming the matter a serious case of administrative and financial mismanagement.

The report, which examined the Karachi Mobility Project (KMP) for the Yellow Line corridor connecting Quaidabad's Dawood Chowrangi to Numaish, stated that key administrative protocols related to contract management, tax deductions and fund disbursement were repeatedly violated.

According to findings, advance payments worth more than Rs8.56 billion were issued to contractors in breach of established procedures. The payments included Rs885 million for Depot-I, Rs2 billion for Dep...