Financial fraud in Vanchiyoor sub-treasury; Rs 2 cr swindled from Collector's account
Thiruvananthapuram: A financial irregularity was reported from the Vanchiyoor sub-treasury. About Rs 2 crore was swindled from the account under the name of the district collector. An investigation was launched against an employee in the treasury in connection with the incident. Sub-treasury officer also lodged a complaint demanding action in the issue.
It is learnt that the employee swindled the amount using the username and password of an official retired on May 31. He obtained the password of the retired official and transferred the money to the bank accounts owned by him and his wife. Later, the details of the transaction were deleted. However, there was a difference in the amount entered in the day-book of the treasury and with this the malpractice was detected.
According to reports, the employee of sub-treasury swindled the amount on July 27. The sub-treasury officer submitted a report to the treasury director in connection with the incident. With this, a detailed probe was initiated.
It will be investigated if similar financial frauds were performed earlier. Also departmental action will be taken against the employees responsible for the fraud.