The Comptroller and Auditor General (CAG) of India has pulled up the Jammu and Kashmir Bank for incurring a wasteful expenditure of Rs 5.28 crore by hiring hotel Broadway in Srinagar, which was not used at all for its operations.
source https://timesofindia.indiatimes.com/india/wasteful-expenditure-cag-pulls-up-jk-bank-for-hiring-broadway-hotel-for-ops/articleshow/99098689.cms
source https://timesofindia.indiatimes.com/india/wasteful-expenditure-cag-pulls-up-jk-bank-for-hiring-broadway-hotel-for-ops/articleshow/99098689.cms
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