The Local Bodies, Tourism and Cultural Affairs Minister visited the site of the Rs-5 crore stadium project at Baba Gadhya and spoke to the officials concerned.
He directed Corporation Commissioner Devinder Singh to submit a report to him within three weeks.
Warning the erring officials of suspension, Sidhu formed a four-member social audit panel, comprising district Congress chief Joginder Singh Mann, Punjab Congress general secretary Harjit Singh Parmar, block Congress chief Sanjeev Bugga and senior party leader Satbir Singh Sabhi.
Stating that e-governance will be introduced in his department to ensure statewide accountability and transparency, Sidhu told reporters that Chief Minister Amarinder Singh will be visiting his department on Tuesday.
"I will urge the chief minister to order a public audit of all the projects undertaken by the SAD-BJP government in the last 10 years, so that the scams and frauds of the previous regime come under the spotlight," he said.
A financial as well as a public audit were necessary to unearth the truth, the cricketer-turned-politician added.
An agency with a "high credibility" will be engaged to conduct the public audit, said Sidhu.
Likewise, "not a drop of water" was supplied to farmers by the sewerage treatment plant project worth Rs 5-7 crore at Dera Baba Nanak, alleged the minister.
"I visited both the sites today and suspended a chief engineer and a sub-divisional officer for the bungling," he said.
Informing that a new cultural policy was on the anvil, Sidhu, replying to a query, said he was not opposed to the idea of a censor board for screening songs glorifying vulgarity, violence and drugs, but added that in this era of social media and Internet, such a board would not serve the desired purpose.
On his plans to create a pilgrimage tourism circuit, Sidhu said the five Sikh Takhts will be linked with each other -- the three in Punjab through buses and the two outside the state through air.
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