CAG criticises Kerala govt for ‘irregular’ withdrawals from treasury savings bank accounts (opens original article in a new tab)

The CAG found Kerala government's withdrawal of funds from treasury savings bank accounts to be irregular, including public contributions to disaster relief and other state entities, calling it a serious breach of financial accountability.

• CAG criticized Kerala government for irregular withdrawals from treasury savings bank accounts
• ₹262.06 crore from CMDRF was moved to Consolidated Fund, leading to understated deficits
• Funds from KSEB, KWA, and others were also withdrawn, with CAG calling it a breach of accountability