A suspected financial scam involving over Rs 1 crore has come to light in the Hyderabad Police Department, with two employees arrested for allegedly siphoning money from the police welfare fund. The accused are alleged to have forged senior IPS officers' signatures on cheques and diverted interest earned on welfare fund deposits into other bank accounts over an extended period.
During a heated debate on the Justice PC Ghose Commission report in the Assembly, Chief Minister Revanth Reddy accused BRS leaders K. Chandrashekhar Rao and T. Harish Rao of inflating costs and misusing funds for the Kaleshwaram project. He also alleged suppression of expert reports and site changes done with ulterior motives.
Jagtial: Misappropriation of funds to the tune of about Rs 1.15 crore has been detected in the Union Bank of India branch in Chalgal, where the bank staff had allegedly withdrawn the money by creating fake bank accounts. Though the scam took place some time ago, it came to light when the branch manager lodged […]
