Follow us:              
You are here: HOME > MUMBAI > Report

BMC accounts not audited for 3 yrs

Published: Tuesday, Dec 8, 2009, 2:33 IST
By Sandeep Ashar | Place: Mumbai | Agency: DNA

The book of accounts of the BMC has not been audited for the past three financial years. Reports reveal that the civic body deviated considerably from the estimated expenditure.

According to a finance department official, the BMC has spent over one-fifth of the amount allocated for capital works on discretionary duties that are not on the civic body’s list of obligatory functions. Escalations in costs for ongoing projects have cost the BMC over Rs2,500 crore.

The non-auditing of the books of the accounts created a row in the BMC house on Monday. BJP leader Ashish Shelar accused the civic administration of high-handedness.

As per rules, the municipal auditor is supposed to issue monthly statement of income and expenditure. The auditor is also expected to publish a yearly report on the BMC’s financial health.

Shelar said if the political leadership had been apprised of the financial ill-health, no cost escalations would have been permitted.

In the house, both the ruling and the opposition benches blamed each other for the financial mess.

                     +    -
Share
Copyright permission mandatory to republish this article.
For reprint rights click here
Top stories on DNAIndia.com » Popular content »
C.
Comments  |  Post a comment
Blogs »
99 or 100?

- Jayadev Calamur
C.
©2012 Diligent Media Corporation Ltd.
D.0