The veteran politician accused the BJP of breaking duly elected governments in opposition-ruled states even as it boasted about providing a stable government at the Centre.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
The Comptroller and Auditor General (CAG) will start the audit work of Commonwealth Games Village in New Delhi from October 28 to probe allegations of financial irregularities.
The PSC provides for a financial audit -- checking of the contractor's accounts in order to verify the charges and credits, but not a performance audit that scrutinises efficacies of processes or technology used in the complex deep sea operations.
Defending Delhi Chief Minister Sheila Dikshit over her indictment in the recently published report of Comptroller and Auditor General of India on irregularities observed in Commonwealth Games, senior Congress leader Digvijaya Singh has said the party has decided not to take any action against her.
Softening its stand on CAG audit, Reliance Industries has agreed to a scrutiny of its expenses in the flagging KG-D6 gas block by the official auditor even after expiry of the contractual period.
The fresh remarks made by Comptroller and Auditor General Vinod Rai against the UPA dispensation Friday triggered a war of words, with the government attacking him and the opposition throwing its weight behind him.
Concerned over the frequent leaks of its "half baked reports", the office of the Union comptroller and auditor-general (CAG) has decided to issue different versions of its draft reports -- the ones given for feedback and reactions before the final version is readied -- to ministries and public sector units to nail the sources of leaks.
The government on Tuesday tabled in Parliament the Comptroller and Auditor General of India (CAG) report on 2G spectrum allocation, whose reported extracts have created a political storm and led to the resignation of Telecom Minister A Raja.
The Comptroller and Auditor General (CAG) on Tuesday criticised the roles of the Department of Space and its former secretary, G Madhavan Nair, in the Antrix-Devas deal, saying the deal was a "classic case of public investment for private profit".
Flaying post-bid concessions to Reliance Power, the CAG on Friday said the Anil Ambani-led firm got undue benefit of Rs 29,033 crore (Rs 290.33 billion) when the government allowed use of surplus coal from blocks alloted to Sasan power plant for its other projects.
Parliament's Public Accounts Committee chairperson M M Joshi on Thursday indicated that overlapping of functions of the panel and the Joint Parliamentary Committee into 2G spectrum scam was not a matter of concern and his powers went beyond the Comptroller and Auditor General report.
"The fact of the matter is we need policies in place. There are no policies in place to ensure that spectrum is adequately and effectively used. There are no policies in place for audit for companies that actually buy spectrum. We must put in place (policies) to ensure that there is spectrum sharing, spectrum trading," Telecom minister Kapil Sibal said at the FICCI Annual General Meeting.
Comptroller and Auditor General Vinod Rai on Monday appeared before the Joint Parliamentary Committee, which is probing the 2G spectrum scam, to explain how the government auditor quantified the losses in the spectrum allocation at Rs 1.76 lakh crore. Rai was asked to brief the Committee, chaired by Congress leader P C Chacko, on the allocation and pricing of telecom licences and spectrum during 1998 to 2009.
Telecom Minister A Raja has been indicted by the CAG in the 2G spectrum scam, which resulted in a loss of about Rs 1,70,000 crore.
Comptroller and Auditor General Vinod Rai has asked Public Accounts Committee Chairman Murli Manohar Joshi for permission to react to Telecom Minister Kapil Sibal\\'s open attack on him over the 2G report, according to sources.
The Comptroller and Auditor General of India (CAG) is expected to complete the special audit of the accounts of KG Basin oil and gas fields of Mukesh Ambani-owned Reliance Industries Ltd (RIL) by February next year, a top official said.
CAG audit is likely to be completed in six months.
Slamming Congress for trying to "weaken" Comptroller and Auditor General by making it a multi-member body, the Baratiya Janata Party on Monday warned that any such move would only 'boomerang' on the party.
CAG has come a long way from an institution created to set the British finances right after the 1857 revolt.
Former Telecom Minister A Raja today questioned in the Supreme Court the Comptroller and Auditor General (CAG) finding that the exchequer had suffered a loss of Rs 1.76 lakh crore in the allocation of 2G spectrum, terming the figure as "mind boggling and speculative".
Apex auditor CAG on Friday lamented that private telecom operators are not providing their account books to it, despite a request from the government.
The Comptroller and Auditor General on Monday said that the audit of certain activities of Department of Space were under way but made it clear that media reports on alleged scam in a deal between ISRO and a private firm cannot be concluded as its "findings".
Agitated over its finding in the coal mine allocation issue, Congress on Monday targeted the Comptroller and Auditor General again by utilising the opinion of the Supreme Court on the 2G spectrum issue. Noting certain observations of the apex court in the 2G case, spokesperson Manish Tewari said, "If the Supreme Court can be so circumspect in its observations, is it not essential that other constitutional bodies, especially the CAG, should follow suit?".
Amid the storm over alleged kickbacks in the AgustaWestland VVIP chopper deal, Comptroller and Auditor General Vinod Rai on Friday said an audit of the controversial deal is under progress and a report would be released soon.
Amidst Opposition ruckus in Lok Sabha, Prime Minister Manmohan Singh on Monday asserted that the observations of the CAG on the allocation of coal blocks were clearly disputable.
Sukanta Majumdar, the state BJP president, said, "Amit Shah has set a target of 35 seats. We will achieve that".
The company had initially objected to audit by CAG for time barred years as per Production Sharing Contract and had not accepted the 'exceptional circumstances' advanced by the ministry
The Comptroller & Auditor General of India has castigated the Maharashtra government for alleged irregularities in the sale and allotment of land in the past eight years, resulting in loss to the exchequer.
The Comptroller and Auditor General has found gross financial mismanagement and irregularities in the implementation of the National Rural Health Mission at almost every level in Uttar Pradesh.
Giving another twist to the 2G spectrum allocation controversy, a former comptroller and auditor general official has questioned the CAG's estimates of presumptive loss of Rs 1.76 lakh crore. "After completing the audit of the ministry of telecom, which was under my direct charge, I prepared a draft audit report covering each and every aspect. My report did not contain any loss figure," said former director general of CAG R P Singh.
The company's accounts were audited by CAG as its shareholders include public sector banks.
After facing flak over recent accidents claiming six lives, Delhi Metro has come under attack from the Comptroller and Auditor General which raised questions on its accountability and blamed the government for "deliberately" delaying tabling of the report in Parliament.
Amid allegations and counter-allegations over the Comptroller and Auditor General's figure of presumptive losses in 2G allocation, Union Information and Broadcasting Minister Manish Tewari on Saturday demanded that the CAG explain the issue to clear the air over the matter.
The airline had leased a 0.58 acre plot from the British Airport Authority in 1968 for over 50 years till 2019 for use as a warehouse to handle its cargo at the airport.
With audits being taken up in a host of areas including private firms now, the process demands trained manpower.
In 11 out of 29 coal mines successfully e-auctioned, a number of qualified bidders in the e-auction stage were from the same company/parent subsidiary company coalition/joint venture, CAG said.
If CAG indicts Raja, will action be taken? asks Business Standard.
Retirement fund body EPFO paid lesser amount as interest on PF deposits of over five crore subscribers than its earnings between 2007-08 and 2010-11, government auditor CAG has said.