Audit in Kozhikode corporation unearths 13 ‘new’ accounts with over Rs 20 cr

Kozhikode corporation | File Photo: Mathrubhumi

Kozhikode: An audit conducted at Kozhikode Corporation revealed 13 active unaccounted bank accounts in the name of the corporation, apart from the 60 accounts recorded in the annual finance report. Over Rs 20 crore have been deposited in these accounts. The audit has been launched following the Punjab National Bank scam in which the bank lost its deposits in various PNB accounts.

Out of the 13 unaccounted accounts, seven accounts belong to Kudumbashree while three accounts are part of the Sustainable Urban Development Project.

Though the corporation has a department of accounts, only two clerks are appointed here. The auditing pointed out that the absence of an accounts officer is a drawback in the corporation which deals with annual revenue and expenditures of over Rs 500 crores.

Kozhikode corporation deputy mayor CP Musafar Ahammed said that no accounts of Kudumbashree have been opened recently. Several mature accounts are not appearing in the audits. The corporation will carry out necessary reforms on the basis of the audit report, he said.

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