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CAG wants to audit RBI, cites rising financial frauds
•Regulators have to work together to not only enhance their capacity to deal with financial frauds, but also to remove any regulatory arbitrage.
Large part of bank NPAs due to fraudulent advances: CAG
Ians •CAG also says a large part of these loans may now be irretrievable as they are likely to have been transferred abroad
Gujarat data on provision of toilet, drinking water facilities in schools unreliable: CAG
Fp Archives •The Comptroller and Auditor General of India has debunked as unreliable the information provided by Gujarat government on availability of toilet facility.
Distrust between govt, army matter of serious concern: BJP
Fp Archives •Senior party leader Ravi Shankar Prasad said though the government suffers from trust deficit in all sectors, the distrust with the army was never comprehended.
CAG report on AgustaWestland deal in Parliament, UPA braces for BJP assault
Fp Staff •The CAG report raised questions as to why the field trial was outside outside the country despite the defence ministry rejecting such a proposal twice.
CAG Shashi Kant Sharma has 'unblemished' record: Centre to Delhi HC
Fp Archives •The Centre told the Delhi High Court that Comptroller and Auditor General of India (CAG) Shashi Kant Sharma has an "unblemished record" as a civil servant and his appointment to the post has been made as per the practice being adopted in past.
SC trashes petition challenging the appointment of new CAG
Fp Archives •The Supreme Court today refused to entertain a PIL challenging appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India (CAG).
Bhushan files PIL against new CAG, alleges conflict of interest
Fp Staff •The Aam Aadmi Party had said that the appointment of the new CAG was unconstitutional since Sharma was joint secretary, additional secretary, director general (acquisition) and defence secretary in the defence ministry since 2003.
Only transparent CAG selection can keep Vinod Rai's legacy alive
Pallavi •Firstpost spoke to DP Mathur, former deputy CAG and member of the forum, about the controversy surrounding the appointment of the CAG and the legacy left behind by Vinod Rai.
Why new CAG Shashi Kant Sharma had a rough first day at work
Pallavi •Advocate ML Sharma, whose PIL sparked off investigations in to coal block allocation, on 23 May filed a petition seeking the quashing of Shashi Kant Sharma’s appointment as CAG on the grounds that it is “arbitrary and malafide.”