Exclusive | Rs 3,500 crore in cash, no SOP: 2020 audit predicted Ram Mandir donation mess

A recent audit report has brought to light the disorganization in the financial management of the Ram Mandir trust. The report, submitted in November 2020, pointed out the absence of a systematic record for financial reporting, making it challenging to establish fair practices. It also noted that the layer of management at the execution level was not defined and was highly unprofessional, which would make it difficult to control information and fix responsibility. The audit firm emphasized the need to devise a standard operating procedure for the trust, covering each level of transaction, data management, staff, and other resources. This would help in fixing responsibility and accountability, ensuring that the trust's operations are transparent and efficient. The report's findings are significant, given the large amounts of cash donations received by the trust, totaling Rs 3,500 crore. The lack of a clear management structure and systematic financial records raises concerns about the trust's ability to manage its finances effectively. The audit report's recommendations are crucial in addressing these concerns and ensuring that the trust's operations are aligned with best practices. The report's emphasis on the need for a standard operating procedure highlights the importance of having a well-defined management structure in place. This would enable the trust to manage its finances effectively, ensure transparency, and maintain accountability. The findings of the audit report are a reminder of the need for effective financial management and transparency in the operations of trusts and other organizations.