New Delhi: The Comptroller and Auditor General of India has rapped the Ministry of External Affairs (MEA) for "inefficient" management of its properties across the world that has cost the exchequer several millions of rupees.
Criticising the 'Global Estate Management' by the MEA, the CAG, in its latest report, said: "Properties were purchased or developed without assessing the basic requirement and purpose of their acquisition."
This, the auditor said, led to blocking of funds with consequential avoidable expenditure.
The absence of basic information in regard to properties managed by the Ministry indicates a gap in the monitoring by it, the report said. "Further, this information is essential for preparation of budgetary estimates and also planning of estate management function.
The absence of information indicates lack of a systematic approach towards reduction of rental liability as assured to PAC (Public Accounts Committee),"