India, April 2 -- More than 7 years after the deadline passed for the mining companies to deposit penalty money with a special purpose vehicle of Odisha government as punishment for iron and manganese ore mining without forest clearance (FC) or environmental clearance (EC), around Rs.4000 crore of the amount is yet to be deposited with the Odisha government, the Comptroller and Auditor General of India (CAG) said on Wednesday.

The CAG 'Performance Audit of Management of Odisha Mineral Bearing Areas Development Corporation (OMBADC) Funds' that was placed in the Odisha Assembly on Wednesday said an amount of Rs.3,966.34 crore (with interest) was yet to be deposited by the mining lease holders with Odisha Mineral Bearing Areas Development C...