Bengaluru: Rural development fund mismanagement pegged at Rs 4,500 cr


From Our Special Correspondent
Daijiworld Media Network - Bengaluru

Bengaluru, Sep 22: The total volume of funds involved in mismanagement of bank accounts in Karnataka’s Rural Development and Panchayat Raj (RDPR) ministry has been pegged at about Rs 4,500 crore by the official inquiry committee headed by Punati Sridhar, Executive Director of Mahatma Gandhi Institute of Rural Energy and Development.

The inquiry committee has submitted its final report according to State Rural Development and Panchayat Raj Minister H K Patil.

Speaking to reporters in Bengaluru on Tuesday, the minister said the inquiry committee dug deep into 1128 bank accounts in both nationalised and private banks held by the RDPR department in connection with various schemes and programmes.

He said the inquiry committee has come out with startling revelations on gross financial mismanagement, siphoning of funds from bank accounts, illegal transactions through many accounts.

The inquiry committee had earlier submitted two interim reports, he said.

The probe which looked into "illegal parking" of funds in various banks since 2010-11 has revealed that a total of Rs1335crore has been found to be left unspent upto March 31, 2015.

Of the Rs 1335 crore, as much as Rs505crore has been found to be lying unspent for over two to three years, Patil said.

The minister assured that the Audit department would go through the report and action would be initiated based on the audit report within two months.

Criminal cases would be filed against officials found to have been involved in these corrupt transactions, he said.

The probe has exposed more shocking facts as Rs58crore funds allotted for programmes long ago, which are now either been cancelled or completed, have not been returned to the department.

The amount has been found to be still remaining in bank accounts.

There are instances galore of officials operating the accounts as per their whim and fancy, siphoning-off of funds, opening multiple accounts for the same programme, deliberately not completing the projects within fixed time frame.

"In many offices the officers have not even maintained the cash book, grant register, bank pass books and specimen signature register. For instance, accounts for Rs 3,008 crore in Karnataka Rural Infrastructure Development Ltd(KRIDL) is not tallying and it has been found that money has been deposited in the personal accounts of many officers," Patil explained.

  

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Comment on this article

  • Raj, Mangalore

    Wed, Sep 23 2015

    Please dont point out on anyone by arguing on Parties...Instead punish the culprits when you are in Power.

    People will realize only when they lose something.

    These Govt money is like Yardo duddu, yellammana Jatre:-)

    DisAgree Agree [2] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Wed, Sep 23 2015

    Yet another Scam by Dongis & Scam supporters foreigner dynast mindset DW commentators suddenly SILENT!!

    DisAgree [4] Agree [1] Reply Report Abuse

  • nagesh nayak, bangalore

    Wed, Sep 23 2015

    hey psuedos/anti nationals,

    FYI, the above scam is peanut for italian led congress.

    IN FRONT OF 2G, CWG, COALGATE ABOVE SCAM IS NOTHING.

    YOU SHOULD THANK NIDDERAMAYYA FOR FOLLOWING HIGH COMMAND FOOTSTEPS.

    GREAT ADMINISTRATOR FOR SCAMS, CABINET EXPANSION( WHICH NEVER HAPPENS), FALLING ON THE FEET OF ITALIAN .

    THERE IS A GOOD NEWS FOR PSUEDOS .

    YOUR GREAT LEADER OF 68 YEARS COMING TO INDIA AFTER COMPLETING SECOND HONEYMOON.

    DisAgree [4] Agree [3] Reply Report Abuse

  • Jacob Mendonsa, Bangalore

    Wed, Sep 23 2015

    Nagesh,

    Don't post silly comment without reading the reports & News papers properly. Parking the funds illegally with various bank branches happened when BJP was ruling the state in 2010-2011. Let the Audit report come out & we will discuss later who r involved in this scam & who pocketed the huge amount of interest accrued on these deposits.

    DisAgree Agree [2] Reply Report Abuse

  • G Z T Kunte, Udupi

    Wed, Sep 23 2015

    This scam originated when Shobha Karandlaje was Rural Development Minister in Yadiyurappa Govt.

    DisAgree [3] Agree [9] Reply Report Abuse

  • Anti Corrupt, Mangalore, Kuwait

    Tue, Sep 22 2015

    Repeat after me 'VOTE FOR CON GRESS' THOOO...

    DisAgree [1] Agree [5] Reply Report Abuse

  • Vikas G, Udupi

    Tue, Sep 22 2015

    Hahaha

    Is it not another scam by Scamgress govt? The heading out the news doesent say so because it's not BJP govt.

    DisAgree [11] Agree [9] Reply Report Abuse

  • Aubb, Kuwait

    Wed, Sep 23 2015


    Vikas,
    It is Yeddy, Reddy, Chaddi darbar in K'taka during 2010-11.

    DisAgree [3] Agree [9] Reply Report Abuse


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Title: Bengaluru: Rural development fund mismanagement pegged at Rs 4,500 cr



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