Maharashtra govt forms panel to probe BMC's financial transactions in last 25 years
The Maharashtra government sets up committee to audit BMC's 25-year finances amid legislative concerns. Minister Uday Samant forms a three-member team to scrutinize transactions; white paper to follow the findings. No immediate plans for probes in...

Legislators expressed concerns about the finances of the BMC, and doubts were raised about its transactions in the last 25 years, he said.
"As a minister designated to take up queries concerning the urban development department, I have appointed a three-member committee to investigate the financial transactions of the last 25 years," Samant said.
The government will bring out a white paper once the committee presents its findings, he said.
When asked if a similar probe would be conducted for the civic bodies of Pune, Nagpur and Kalyan-Dombivili as demanded by the opposition, the minister said there was no reason to demand such a probe.
Investigations will be conducted as and when necessary, he added.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.