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CAG: Yeida violated rules, exchequer lost ₹8,125 cr
Hindustan Times Noida
|December 21, 2024
THE CAG HAD IN 2018 STARTED THE AUDIT OF YEIDA AFTER THE YOGI ADITYANATH GOVERNMENT IN 2017 INTRODUCED THIS AUDIT AS MANDATORY
GREATER NOIDA: The Comptroller and Auditor General (CAG) in its audit conducted from 2005 till date of the Yamuna Expressway Industrial Development Authority (Yeida) has found that it allegedly violated the rulebook, took arbitrary decisions and caused revenue losses to the tune of at least ₹8,125.52 crore to the state exchequer.
The CAG had in 2018 started the audit of Yeida after the Yogi Adityanath government in 2017 introduced this audit as mandatory. Earlier, no such audit was done for agencies.
The CAG audit found alleged irregularities in the land acquisition procedures in Yeida during 2005-06 to 2020-21 financial years.
These irregularities include procedural violations, financial mismanagement, arbitrary decisions, land use conversions and violation of urban town planning rules leading to financial loss of ₹455 crore. The findings highlighted the serious concerns about the authority's governance and operational framework.
Dit verhaal komt uit de December 21, 2024-editie van Hindustan Times Noida.
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