Government auditor News
Government auditor CAG on Friday flayed Department of Fertiliser (DoF) for delaying contract finalisation and said this resulted in an "unavoidable" subsidy burden of Rs 5,555 crore.
Government auditor CAG has flayed state-run IREDA for "violation of financial guidelines" in connection with Rs 48.65-crore loan to Nagpur-based Purti Sakhar Karkhana for which company's promoters and directors including Nitin Gadkari had given "personal guarantee".
The government auditor needs to adopt latest professional practices while scrutinising public spending, Comptroller and Auditor General (CAG) Shashi Kant Sharma has said.
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