Since the inception of the Chief Minister Incorporated (CMI) in 2009, the auditor-general did not make any comment on CMI and there is no problem of it being the state investment arm.
CMI does not have its own account and all the operational expenses go to the state consolidated fund, to avoid any wrongdoing and to ensure full accountability procedure.
Full article on The Sun Daily: https://bit.ly/2VzJKvn