BELAGAVI: Some employees and staff of Rani Chennamma University here have allegedly misappropriated provident fund (PF) and new pension scheme (NPS) money between 2020 and 2023.
The money that should have been deposited to employees’ account was not properly deposited, and was transferred from the university account to other accounts. It is said that the case came to light when verification was done about irregularity having happened in university’s financial transactions.
After it came to notice that employees’ PF money was not deposited to account, related documents and financial transactions were verified and the irregularities were detected. It is alleged that money was transferred from the university’s bank account to own and private accounts. Also, there are allegations that money was paid from the university account to a furniture shop, and it was used for personally benefit.
For about three years from 2020 to 2023, PF and NPS money related to employees was misused without depositing it into accounts, and police have informed that in initial investigation, it was found that a total of about Rs 32 lakh has been misappropriated. As soon as case came to light, Registrar of Rani Chennamma University has filed complaint in Kakati police station. Based on the complaint, police have registered case and have taken up investigation about financial transactions, according to police commissioner Prakash Nikam.
In connection with this case, university’s Assistant Registrar H M Murugesh and FDC Mahesh Vali and Sandeep Burli have been arrested by police. They were produced before a court and sent to jail. Police are continuing investigation about the money transfers, to whose accounts money went, how final use of money happened. Investigation is going on about three years period financial records, bank transactions and role of concerned officers, and there is possibility that more information and allegations will come out in case.
