CAG TO AUDIT NOIDA, GR NOIDA, YAMUNA EXPRESSWAY AUTHORITIES
UP government has ordered Comptroller and Auditor General (CAG) audit of three industrial development authorities which are facing allegations of irregularities and corruption.
In the latest decision, the state government ordered CAG auditing for Noida, Greater Noida and Yamuna Expressway industrial development authorities, UP Industrial Development Department Principal Secretary Alok Sinha said.
The Noida Authority had earlier opposed CAG auditing, saying it is an autonomous body. Apart from carrying out checks on procedures, utilisation of funds and progress of projects, the CAG audit may also scrutinise the terms of contracts, agencies and contractors to whom the projects have been awarded, they said.
Allegations have been levelled that the three authorities had made large-scale land allotments to builders and other allottees at throwaway prices in the past 10 years. The state government recently had given a nod to the audit of the Ghaziabad Development Authority by the CAG.
Industrial Development Minister Satish Mahana said, that to highlight corruption in the previous government in UP it is necessary that the CAG should audit all the development authorities.
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