Probe ordered into alleged diversion of funds in KSRTC
he withdrawn money was later deposited at SBT Branch, it was alleged.
Kochi: The Vigilance Court in Muvattupuzha on Saturday ordered a probe into charges that the officials with the KSRTC colluded and diverted daily revenue collection to help turn 'black money' of the KSRTC Employees Co-operative Society in to accounted one post demonetisation. The court, while considering a petition filed by one Jayarajan of Muvattupuzha, asked the VACB Special cell, Ernakulam, to conduct inquiry into the matter and file a detailed report before January 11, 2017.
KSRTC is operating about 96 schedules daily from Muvattupuzha, fetching an average collection of Rs 7 lakh. the daily collection is remitted in cash counter of the depot and later deposited with SBT branch in Muvattupuzha. The denomination details have to be written and submitted to the bank and the same has to be kept in the records of the KSRTC.
However, post demonetisation on November 8, the officials allegedly colluded and exchanged currencies received from daily collection with those withdrawn from the co-operative society. The withdrawn money was later deposited at SBT Branch, it was alleged. The Vigilance Court has asked VACB to verify the matter with the SBT branch in Muvattupuzha.