CAG to complete Games audit within three months

With a controversy raging over the Common wealth Games expenditures, the Comptroller and Auditor General on Monday said it will complete within three months a “complete” audit of the projects.The report will be confidential and submitted only to Parliament, CAG Vinod Rai said. “We will complete the entire audit process of CWG in three moths time. It is going to be a gigantic task.

At least 20 different organisations will be involved,” he said addressing auditors that included some from abroad. “If we take six to eight months time and submit the report in 2012, then the entire purpose of exercise would be lost. We will ensure that results of the audit are made available at the earliest. It is not only about the expenditures incurred,” he said.

The CAG said while auditing they would have to see whether the original activity or the objective has been satisfied. “Whether there is a physical outcome, accountability established and there has been best utilisation of money,” Mr. Rai said. He said it would be a complete audit which would cover all the institutions involved in the Games.