KEONICS payment issue: Priyank releases audit document to say State incurred a loss of ₹48 crore during 2018-’23
The HinduKarnataka government incurred a loss of ₹47.76 crore between 2018-19 to 2022-23 due to the procurement of goods at a higher rate without analysing the market rate, said an audit of the transactions and procurements conducted by the Indian Audit and Accounts Department, pointed out IT/BT Minister Priyank Kharge and KEONICS chairperson Sharath Kumar Bache Gowda. The audit report stated that a payment of ₹76.5 crore was made without conducting third-party inspection during the period between 2018 and 2023. ‘’It is clear from the above the vendor has drawn that money by creating fake delivery challans/false third-party inspection reports, and materials were supplied after receipt of the payment. The audit also suggested that action may be taken against the third-party inspector for submitting an inaccurate third-party report based on which the government departments made wrong payments.
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