Monday, November 12, 2012

APSMFC in need of drastic overhaul

....The minorities welfare secretary has complained to RBI, seeking investigation and action against Vijaya Bank branches in connection with the fraud, and demanding recouping of defrauded amount to APSMFC. The secretary has also constituted two teams with audit officers drawn from various departments for auditing the accounts of the corporation and its district offices. The services of a chartered accountant have also been engaged for auditing the accounts of the corporation for the last four years......

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