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Latest from audit

U.P: GSVM Medical College audit uncovers 93.32 lakh fraud

GSVM Medical College principal Dr Sanjay Kala, who took charge in 2022, stated that the contract was signed before his tenure.

The discrepancies came to light during a review of tenders issued since 2019. (Sourced)
Published on Mar 25, 2025 05:04 AM IST
By, Kanpur

Panama complains to UN over Donald Trump's canal threat

The Panamanian comptroller's office that oversees public entities announced “an exhaustive audit" at the Panama Ports Company.

A woman holds up a banner with a message that reads in Spanish;
Published on Jan 22, 2025 07:34 AM IST
AFP |

11 booked for siphoning off 49 lakh from Bopodi housing society

Khadki police booked 11 from Kundan Kushalnagar Co-op Society for a ₹49 lakh fraud, revealed in a state audit, with complaints filed under multiple IPC sections.

The incident took place between  2015 and 2020. (REPRESENTATIVE PIC)
Updated on Nov 11, 2024 06:40 AM IST
ByNadeem Inamdar

Evergrande fraud: China imposes record penalty on PwC for audit lapses

China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group

The PwC sign is seen in the lobby of their offices (Reuters)
Published on Sep 13, 2024 06:09 PM IST
Bloomberg |

Chandigarh sports dept failed to use 77L central funds: Audit

The Chandigarh Sports Council is a statutory body that was constituted on July 1, 1984, with the objective of providing financial assistance for holding national and international tournaments to the sports associations recognised by the national federation/ministry of youth affairs and sports and the sports council itself. It also organises national and international matches.

The principal director of audit, Chandigarh, has highlighted several irregularities in the functioning of the sports department of the UT administration, including the non-utilisation of <span class='webrupee'>₹</span>77 lakh funds under the Centre of Excellence and the non-recovery of dues from defaulter trainees of various academies of the Chandigarh Sports Council. The audit covered the period from 2020 to 2024. (HT File)
Updated on Aug 08, 2024 08:38 AM IST
By, Chandigarh
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