A confidential internal audit ordered by the defence ministry has found several financial and other irregularities in the functioning of the Defence Research and Development Organization (DRDO), which has a network of 50 labs and an annual budget of over Rs 10,500 crore.
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The fresh internal audit, conducted by the finance wing of the defence ministry, has raised serious questions about the lack of transparency in DRDO's functioning, including the alleged sanctioning of Rs 2.80 crore by DRDO chief V K Saraswat to a mathematical society headed by him.
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