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Ensure transparency in spending public money: President asks CAG | Bangladesh Sangbad Sangstha (BSS)

Ensure transparency in spending public money: President asks CAG 204 DHAKA, March 2, 2021 (BSS) – President M Abdul Hamid today asked the authorities concerned to ensure transparency in spending government funds for the sake of public interest as a delegation of Comptroller and Auditor General of Bangladesh (CAG) submitted Annual Audit Report 2017-18 to him at Bangabhaban here this evening. “Audit is a very important to ensure transparency in government expenditure . . . The government’s expenditure is gradually increasing at present,” he told the delegation led by Comptroller and Auditor General of Bangladesh (CAG) Mohammad Muslim Chowdhury. The head of the state directed the CAG to intensify the audit activities to resolve the unresolved audit objections, President’s Press Secretary Mohammad Joynal Abedin told BSS.

World auditors voice concern at access to Cyprus cash-for-passport scheme records

By Reuters Staff 3 Min Read NICOSIA (Reuters) - A grouping of world auditors say they are concerned that the Cypriot government is limiting examiners’ access to records from an axed citizenship-for-investment scheme that critics said was open to abuse. Slideshow ( 2 images ) Cyprus scrapped the programme in November last year after the Al Jazeera news network filmed a senior state official allegedly offering to facilitate a passport for a bogus investor with a criminal record. The official involved denied wrongdoing, but the government said the scheme was flawed and open to abuse. Before that, authorities had defended the initiative, which was popular with Russians, Ukrainians, Chinese and Cambodians. Critics, which included opposition politicians and transparency campaigners, panned the scheme as opaque and fraught with criminal risk of money-laundering.

Courts, CAG and the Process of Conducting an Audit

Courts, CAG and the Process of Conducting an Audit When the courts ask the CAG to conduct an audit, and even give the national auditor a deadline, a can of legal worms are opened. The CAG of India is the sole authority to carry out compliance, financial and performance audits. Photo: rupixen.com/Unsplash, (CC BY-SA) Law20/Jan/2021 On December 1, 2020, the Calcutta high court issued an order directing the Comptroller and Auditor General of India to initiate an audit of Cyclone Amphan-related relief distribution. This order by a division bench of Chief Justice Thottahil B. Radhakrishnan and Justice Arijit Banerjee was issued on five separate writ petitions making allegations about the discrepancies in the relief distribution.

Audit focuses on identifying responsibilities of countries in Mekong River area

Audit focuses on identifying responsibilities of countries in Mekong River area Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  31/12/2020    09:11 GMT+7 The co-operative audit of water resources in the Mekong River basin in Southeast Asia for 2020-2021 is an important part of the co-operation activities of the Supreme Auditing Body in Asia. Member of the Party Central Committee, State Auditor General Ho Duc Phoc talks to the Vietnam News Agency about the plan to audit water resources in the Mekong River basin. The kick-off meeting for a cooperative environmental audit on water management in the Mekong River basin for 2020-2021. VNA/VNS Photo 

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