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Where have you spent our money? BMC asks BEST

The BMC broke three of its fixed deposits from its reserve fund to give Rs 478 crore to BEST to repay part of the Rs 1,136 crore debt

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This picture has been used for representational picture

This picture has been used for representational picture

After sanctioning Rs. 1800 crore for the BEST, Brihanmumbai Municipal Corporation (BMC) has now asked the BEST where all the money is spent. In a meeting, the members of the standing committee raised the question about the spends done by the BEST. The Chairman has thus ordered to take a detailed audit report from the BEST.

A proposal was tabled in the Standing Committee meeting on Monday for post-approval of breaking the FDs to help the BEST. The BMC broke three of its fixed deposits from its reserve fund to give Rs 478 crore to BEST to repay part of the Rs 1,136 crore debt. Though the proposal has sanctioned in the meeting, Ravi Raja, leader of the opposition, BMC questioned the accountability from BEST.

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