Ironically, the automatic meters were supposed to put an end to water pilferage across the city and increase revenue

After the multi-crore road repair racket and desilting scam, the country's richest civic body has been hit by another scam. A recent report from the Public Accounts Committee (PAC) has pointed out serious "financial irregularities" in a decade-old water meter project by the BMC. The committee concluded that the Automatic Meter Reading (AMR) project has failed completely and led to wastage of over Rs 200 crore of taxpayers' money.