Bhubaneswar/Cuttack: The Accountant General (AG) which was earlier ordered by the Supreme Court to conduct an audit into the financial irregularities and land encroachment allegations against Odisha Olympic Association (OOA) submitted its report to the apex court today.
According to sources, the AG has found irregularities by OOA authorities in the management of Barabati Palace and business establishments on encroached land resulting in significant revenue loss to the State government. The concerned officer appointed to supervise the activities has failed to discharge his duties accordingly resulting in gross mismanagement, the AG mentioned in its report.
In January, the apex court had ordered the AG to audit the accounts of Orissa Olympic Association (OOA) that built business establishments on encroached government land for decades.
In 1949, the OOA had got 20 acre of government land on lease for construction of Barabati stadium. But in the mid-70s, it encroached upon 2 acre of adjacent vacant government land.
The OOA in 1986 sub-leased the encroached land and developed various business establishments, including the marriage hall, on that land.