Stories Tagged 'Auditor general'
Despite reports of the Office of the Auditor General (OAG) showing continuous rise in unaccounted expenditure in the last few years, the Parliamentary Public Accounts Committee (PAC) has not discussed the last three reports of the constitutional body.
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The Auditor General’s annual report presented to President Bidya Devi Bhandari on Thursday has only reinforced what preliminary audits of financial transactions indicated—most federal units are far from compliant to standard accounting practices. And these discrepancies in book keeping, it seems, are not confined to the local levels, pointing to a serious lack of financial accountabiilty country-wide. Mukul Humagain and Prithvi Man Shrestha talked to Auditor General Tankamani Sharma about the reasons behind this recurring financial indiscipline.
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The 55th Annual Report released by the Office of Auditor General exposes dubious accounting practices and amounts embezzled by corrupt government officials at various levels of the local units of the provinces.
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Auditor General Tanka Mani Sharma presented the Auditor General’s 55th annual report to President Bidya Devi Bhandari at the latter’s office on Thursday.
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As the Auditor General’s Office (OAG) starts auditing financial transactions of local governments for the first time, most of the federal units are found not to be complying with standard accounting practices in their dealings.
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Shital niwas
The Office of the Auditor General has submitted its 51st annual report to President Ram Baran Yadav on Friday.
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