2 hours ago
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A scam involving the alleged theft of interest paid by students has been unearthed connected Sri Venkateswara University field successful Tirupati.
Manipulated interest receipts were recovered to person been generated and issued to the students who had paid their interest towards introspection certificates, arsenic per the ailment lodged by Registrar M. Bhupathi Naidu connected Friday.
The said receipts that caused fiscal nonaccomplishment to the university’s exchequer besides contained fake authoritative seals and forged signature of employees, the ailment said.
Though the alleged misappropriation had been taking spot since January this year, officials sensed thing amiss precocious and zeroed successful connected Chiranjeevi Naik, an worker moving astatine the enquiry counter, and Sankar, an world advisor successful Geology section, for their complicity successful the crime.
The quantum of misappropriation progressive was ₹65,686, but the audacity of the crime, if not noticed connected time, could not lone person taken the monetary nonaccomplishment overmuch higher but besides formed a shadiness connected the university’s reputation.
Based connected the complaint, the SVU Campus constabulary registered a lawsuit nether Sections 318 (4), 336(3), 340(2), 341(2), 341(4), 316(5), r/w 3(5) of the BNS Act.
