CAG report highlights fraud in Bangalore College stipend payouts- The New Indian Categorical

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By Categorical Information Service

BENGALURU: The Comptroller and Auditor Normal’s (CAG) report on Bangalore College has revealed some obvious anomalies in disbursing stipends to analysis students. The month-to-month stipend launched for analysis students was three to 4 occasions greater than the precise. In some instances, BU finance officers 
launched stipends to students for greater than the stipulated interval, despite the fact that students claimed to have obtained solely the precise quantity. In these instances, the finance division officers have collected extra quantities from the students in money citing “faulty transfers”.

The CAG report has beneficial motion towards all officers and verifying the stipend quantity obtained by the students. The report, tabled within the Meeting on Wednesday, confused that there have been many irregularities since 2016 in Bangalore College. Mentioning one such case, the place a scholar was presupposed to get Rs 8,000, the report notes that the finance officer prefixed the quantity 4, each in phrases and numerals, to make it Rs 48,000. “The modifications had been carried out by the official after acquiring the approval of the Assistant Finance Officer for the unique claims,” the report states. 

A person who lodged a criticism with the police mentioned the surplus quantity transferred was collected in money by the official from the scholars stating that it was credited to their account by mistake as an alternative of another college students’ accounts. The official was suspended, but it surely was revoked in 2018, which was irregular. 

Although the inquiry officer submitted a report confirming the allegations, the College had not taken any motion towards the finance officer, who adopted this modus operandi in 9 such instances, the report famous.
It additionally mentioned BU had not successfully verified the complete working interval of the senior assistant within the finance part from 2005 to 2017 despite the fact that it was ordered for detailed inquiry for the entire interval.  

It additionally beneficial that motion could also be taken towards all these involved to forestall recurrence of such cases. Extra checks similar to attestation of modifications to claims by the claimants, acquiring acknowledgements from the scholars for having obtained the claimed quantity, evaluating the quantity each in phrases and figures earlier than passing the invoice and cheques must be put in place, the CAG report urged.

Audit objections

  • Karnataka Meals and Civil Provides Company Ltd made late funds to Chhattisgarh State Civil Provides Company for procurement of rice regardless of availability of funds, leading to avoidable additional expenditure of Rs 5.25 crore in the direction of curiosity
  • Cost of GST by Zilla Panchayats for service rendered by manpower businesses, which fall underneath pure companies with nil price of GST, resulted in avoidable expenditure of Rs 1.29 crore
  • Adopting cement concrete for M25 grade concrete as an alternative of readymix concrete in estimate by the Division of Well being and Household Welfare resulted in avoidable expenditure of Rs 3.3 crore

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