National / World

Rs 100 cr transferred from govt account for midday meal scheme to Jharkhand builder


New Delhi, Dec 7 (PTI): The CBI has registered a case in connection with the illegal transfer of Rs 100 crore from a Jharkhand government account for the midday meal programme in State Bank of India to a private builder, officials said on Thursday.

The agency carried out searches at the official premises of the accused and the company Bhanu Construction in Ranchi on Wednesday, officials said.

The FIR was registered against the company, its partners Sanjay Kumar Tiwari and Suresh Kumar and Ajay Oraon, former deputy manager of the bank's Hatia branch who has now been suspended.

The FIR, registered on the complaint of a State Bank of India officer, alleged that a deputy manager (Business Development Department) of the bank "dishonestly and by abusing his official position" transferred over Rs. 100 crore from the account of "Rajya Madhyan Bhojan Pradhikaran" to Bhanu Construction.

"On August 05, 2017, State Bank of India, Hatia Branch received six debit advices from the...Government of Jharkhand for transfer of Rs. 120.31 crore from their Saving Bank Account to multiple accounts maintained with different banks including State Bank of India," it alleged.

Rs 20.29 crore was to be transferred to State Bank of India and Rs 100.01 crore was to be transferred to other bank accounts, the FIR said.

For bulk transfer through real time gross settlement and national electronic fund transfer (RTGS/NEFT), Rs. 100.01 crore was debited from the account of Jharkhand Rajya Madhyan Bhojan Pradhikaran and was temporarily parked in office/suspense account of the branch for processing of the transfer to various accounts.

"Due to failure in uploading, the entire amount of Rs. 100.01 crore got returned to the office and suspense account of the Branch," it said.

Instead of crediting back Rs 100.01 crore to the account of Jharkhand Rajya Madhyan Bhojan Pradhikaran from office account, it alleged that then deputy manager Oraon transferred the amount to the current account of Bhanu Construction.

Tiwari and Kumar dishonestly transferred the amount to their various accounts. It was utilised and misappropriated by keeping it as a liquid security or margin for the credit facility extended to them by Axis Bank Ltd, HDFC Bank, SREI Equipment Finance Ltd and Cholamandalam Investment and Finance Company Ltd, the FIR alleged.

According to the FIR, the SBI managed to recover Rs 76.29 crore on November 20, 2017 from various accounts with different banks but Rs 23.28 crore could not recovered, "resulting in loss to the bank and corresponding gain for Bhanu Construction".

The agency has booked the accused under charges of criminal conspiracy, cheating and under provisions of the Prevention of Corruption Act.

Comment on this article

  • Mas, Kundapur/dxb

    Fri, Dec 8 2017

    All the new schemes whether it be gowshala,Ganga clean a lot of fund misused

    DisAgree [1] Agree [2] Reply Report Abuse

  • martin, bantwal

    Fri, Dec 8 2017

    see you sickulars.. its modis "make in india" scheme.its important to develop builders, children can wait but not builders... 1st we've to make builders strong & you worry about paltry 100 crore Eh!! CONGRESS & sickulars blamed in aircraft purchasing too around 35000 crore swallowed by BJP & modi but you never understand deshbhakti. when you purchase aircraft at higher price enemy gets terrified at the price tag & forget fighting!!!
    see now in Gujrat BJP/modi & their entire ministry conducting election campaign,1000's of rallies are arranged this all costs money, loads & loads of money again only true deshbhakts can understand this.
    BJP-modi recently written off 1000's of crores of bank loans mostly very rich industrialists there too sickulars blamed poor modi.but they don't get it.. its under make in india programme,when rich people get loan at the cost of poor india get richer, this is modis brilliant plan.

    DisAgree [1] Agree [4] Reply Report Abuse

  • NN, Mangalore

    Fri, Dec 8 2017

    Investigate the bank manager and all his relatives and all their transactions, assets, spending habits and life style. Seize it all if it is disproportion to their known income. If authorities are not doing it, some social workers should do it with RTI in the best interest of general public. Just do it and help build the nation free of corruption.

    DisAgree Agree [1] Reply Report Abuse

  • NAGESH NAYAK, MANGALORE

    Fri, Dec 8 2017

    WHATS WRONG, BUILDERS ARE DEVELOPING INDIA, WITHOUT BUILDERS HOW CAN WE GET DEVELOPED .

    U PEOPLE WANTS DEVELOPMENT, BUT U PEOPLE DOESENT WANTS TO GIVE MONEY TO BUILDER.

    PLZ DONT BLAME MODIJI AGAIN. IF INDIA IS NOT DEVELOPED

    DisAgree [12] Agree [1] Reply Report Abuse

  • Jenifer, Mangalore

    Fri, Dec 8 2017

    NN,

    In several past instances you blabbered against scams from various NON-BJP involvements. But when BJP lead coalition government is involved in a scam, though the money involved is meant to feed the poor malnutrition-ed children, you defend it giving excuse that the money is used for developemnt. By who ? A builder who is not building for social service but for his own income.

    Meaning, if it happens through BJP sources, its not wrong. If some other government is involved, its a theft.

    DisAgree [1] Agree [3] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Dec 8 2017

    Last 3 years BJP has earned more money in Scams compared to 60 year rule of Congress ...

    DisAgree [4] Agree [12] Reply Report Abuse

  • Andrew L D Cunha, Mangalore

    Fri, Dec 8 2017

    This type of wrong doings is very discouraging to the honest tax payers. It is surprised to know that, there is no control and accountability before doing such transaction. These cases will get prolonged and at the end may be all accused get cleared for "lack of clear evidence". Because of this horrible system, poor our farmer sleeps without food.

    DisAgree Agree [5] Reply Report Abuse

  • Jenifer, Mangalore

    Fri, Dec 8 2017

    Nss Khaaoonga, Naa khaane doonga - is this an example ?

    DisAgree Agree [12] Reply Report Abuse

  • geoffrey, hat hill

    Fri, Dec 8 2017

    How could this happen in a state where the ruling party doesn't know what Scams are ?

    DisAgree Agree [10] Reply Report Abuse

  • Stephen, mangalore

    Fri, Dec 8 2017

    And they say Modi is running a clean governance and is against corruption.

    DisAgree Agree [15] Reply Report Abuse

  • Rita, Germany

    Fri, Dec 8 2017

    I dont think it was transfered by mistake.Quite possible it was later gone as "by mistake "when detected.The person who is doing this work ,not doing first time,and so many crores are not simply "Peanuts".Findout more about this and person should be dismissed.and whether such a mistake was done before.

    DisAgree Agree [8] Reply Report Abuse

  • Rajesh, Mulki

    Fri, Dec 8 2017

    Swachh Bharat..ganga cleaning....

    DisAgree Agree [8] Reply Report Abuse

  • leslie, udupi

    Fri, Dec 8 2017

    Do rang dunia ke...
    Aur do raaste...
    Front is different...
    Back is horrible to see...
    Common man knows very little...
    But very little is left for the common man...

    DisAgree Agree [8] Reply Report Abuse

  • anil, Mangalore

    Thu, Dec 7 2017

    Good, Time these corrupt people are taken task to.
    Some of these bank guys were known to be highly corrupt during the demonetisation period.

    DisAgree Agree [7] Reply Report Abuse

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Title : Rs 100 cr transferred from govt account for midday meal scheme to Jharkhand builder


 
 
 
 

 
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