KIIFB accounts should have been audited by CAG, says Kerala High Court
Direct Source Verification:
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In a public interest litigation, petitioner argues that the guarantees furnished by the State government to KIIFB against borrowings bypassed the limits set by the Centre and created 'off-Budget borrowings' that threatened the State’s fiscal stability and required mandatory CAG o...
In a public interest litigation, petitioner argues that the guarantees furnished by the State government to KIIFB against borrowings bypassed the limits set by the Centre and created 'off-Budget borrowings' that threatened the State’s fiscal stability and required mandatory CAG oversight
Original Source
https://www.thehindu.com/news/national/kerala/kiifb-accounts-should-have-been-audited-by-cag-says-kerala-high-court/article71698667.ece
