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Auqaf`s financial dealings to be audited
Jammu, Sept 11: Two days after taking control of Muslim Auqaf Trust which runs major shrines in the state, Jammu and Kashmir government today said a thorough audit would be conducted into its dealings in the past 20 years to unravel suspected financial bunglings.
Jammu, Sept 11: Two days after taking control of Muslim Auqaf Trust which runs major shrines in the state, Jammu and Kashmir government today said a thorough audit would
be conducted into its dealings in the past 20 years to unravel suspected financial bunglings.
"If irregularities are detected during the audit, the
case will be handed over to an appropriate agency for penal
action," state law minister Muzaffar Hussain Baig told a news agency.
The government took control of the trust, earlier headed by former Chief Minister Farooq Abdullah, on Tuesday. It controls important shrines such as Hazratbal and Charar-e-Sharif and collects crores of rupees in donations every year. Unfazed by opposition national conference's threat to move court over the government move, Beig said a reputed chartered accountant would soon be appointed to conduct audit into the trust's financial dealings over the last 20 years.
"The ca will work independently and there will be no interference from the government," he said.
Beig said several allegations of bungling and swindling of huge amounts of money had been made against the trust, prompting the government to take the step. He said the trust's erstwhile vice-chairman G N Kochak had initially denied any bunglings but later admitted to have extended monetary benefits to his daughter.
"More such incidents could come to light during the audit," the minister said.
Bureau Report
The government took control of the trust, earlier headed by former Chief Minister Farooq Abdullah, on Tuesday. It controls important shrines such as Hazratbal and Charar-e-Sharif and collects crores of rupees in donations every year. Unfazed by opposition national conference's threat to move court over the government move, Beig said a reputed chartered accountant would soon be appointed to conduct audit into the trust's financial dealings over the last 20 years.
"The ca will work independently and there will be no interference from the government," he said.
Beig said several allegations of bungling and swindling of huge amounts of money had been made against the trust, prompting the government to take the step. He said the trust's erstwhile vice-chairman G N Kochak had initially denied any bunglings but later admitted to have extended monetary benefits to his daughter.
"More such incidents could come to light during the audit," the minister said.
Bureau Report