Stories Tagged 'Auditor general'
The government has time and again announced adopting austerity measures to check unnecessary expenditure, but millions of rupees from the state coffers are spent unnecessarily every year, it said. The flaws reflect weak implementation of laws by the KP Sharma Oli administration.
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The annual report released by the Office of the Auditor General revealed that government bodies are exposed to cybersecurity risks because of their disregard for the existing rules and guidelines.
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Minister for Tourism and Civil Aviation Rabindra Adhikari and Auditor General Tanka Mani Sharma have made different claims regarding the purchase of two wide-body aircraft by Nepal Airlines Corporation.
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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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