CAG receives pat from US counterpart

Last Updated: Monday, February 27, 2012 - 21:04

New Delhi: Government auditor CAG, which
recently conducted some of the controversial audits unearthing
scams like 2G, on Monday received accolades from its US
counterpart for professionalism in India`s top institution.

The Comptroller General of the United States of America,
Government Accountability Office (GAO) Gene Dodaro met CAG
Vinod Rai and complimented him for training and infrastructure
of India`s Comptroller and Auditor General of India (CAG).

A CAG statement said, Dodaro "was appreciative of the
Indian CAG`s efforts to train its own officers and the
infrastructure set up for facilitating the same."

He said that the professionalism of officers of the
Indian Audit and Accounts Service (IA&AS) "is rated very high
globally".

Besides, Dodaro lauded the contribution of IA&AS
for upgrading the professional knowledge and awareness amongst
the professional audit bodies globally.

The CAG recently conducted several high profile audits
including those relating to 2G spectrum allocation of 2008
which it said had caused a Rs 1.76 lakh crore loss to the
central exchequer.

Besides the official auditor has also come out with
performance audits of the Hydrocarbon Production Sharing
Contracts in the KG basin and questioned merger of Air India
and Indian Airlines.

It also termed the Civil Aviation Ministry`s decision to
acquire 111 planes for Air India through debt "a recipe for
disaster".

PTI



First Published: Monday, February 27, 2012 - 21:04
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