The party also demanded Lt Governor Anil Baijal set aside all appointments of AAP functionaries in the Delhi government, made without the LG's approval.
Addressing a press conference here, BJP leader Meenakshi Lekhi alleged that Chief Minister Arvind Kejriwal "looted" public money to benefit AAP functionaries.
Lekhi, flanked by Leader of Opposition in Delhi Assembly Vijender Gupta, also charged the Kejriwal government with engaging in "nepotism and corruption".
Gupta alleged that Kejriwal-led Delhi Cabinet violated laid down rules to take several decisions.
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In its report, the panel has pointed out "gross abuse of power" by the AAP government.
Yesterday, BJP demanded demanded the "suspension" of AAP government, which enjoys a massive mandate of 65 out of 70 seats in the Assembly.
The committee headed by former CAG V K Shunglu was set up in August, 2016 to ascertain the functioning of the AAP government. Delhi Congress chief Ajay Maken had accessed the report through an RTI in February.
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