Friday, October 4, 2024
More
    HomeHyderabadInterrogation of Accounts Officials Fails to Produce Significant Information

    Interrogation of Accounts Officials Fails to Produce Significant Information

    Related stories

    Pawan’s Secularism Receives Broad-Based Support

    Hyderabad: Andhra Pradesh Deputy Chief Minister Pawan Kalyan has...

    CM threatens to demolish farmhouses owned by BRS leaders

    Hyderabad: Chief Minister A Revanth Reddy, on Thursday, urged...

    Mahila Congress Leaders Protest by Burning Effigy of KTR

    Hyderabad: Women leaders from the Mahila Congress staged a...

    Konda Surekha Retracts Statements About Samantha

    Hyderabad: Minister Konda Surekha clarified that her recent comments...

    The Justice Ghose Commission continued questioning accounts officials on Wednesday regarding the Kaleshwaram project. However, the details of what the officials revealed have not been made public. The Commission sought information about the loans taken for the project and how the budget approvals and payments were managed.

    It appears that the officials did not provide clear answers to the Commission. They explained that the government’s audit process differed from that of the Comptroller and Auditor General (CAG), leading to different interpretations of audit reports. When asked about the CAG report, the officials gave unclear and unconvincing responses.

    The accounts officers mentioned that they attended meetings with the CAG alongside the Special Chief Secretary to Finance, Engineer-in-Chief, and other senior engineers. They stated that their role was limited to executing the government’s decisions and that they had no authority to seek detailed information about loans and other financial matters.

    The Commission also recorded the statements of several key officials, including the Chief Accounts Officer of Kaleshwaram Corporation, Appa Rao, the Chief Accounts Officer of the Irrigation wing, Padmavathi, and Project Works Director, Phanibhushan Sharma. These officials provided insights into how funds for the Kaleshwaram project were managed, including loans from external agencies and repayment of those loans during the BRS regime.

    - Advertisement -

    Chief Accounts Officer Appa Rao explained that the Kaleshwaram Corporation was set up to take loans from financial institutions and pay contractors. He mentioned that the corporation deposited these funds as Fixed Deposits (FD) in banks and used the interest earned. Rao also noted that the project did not generate significant income on its own, except for a small amount from supplying water to NTPC and Ramagundam Fertilizer Factory. He added that the loans taken for the project were not shown in the budget.

    The accounts officers remained silent when asked about the financial burden on the state from the loans. They stated that it was not their responsibility to analyze the state’s debt burden, nor were they qualified to address such matters raised by the Commission during the inquiry.

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here