What is the allegation made against retired officials of Satluj Jal Vidyut Nigam and others
They have been accused of causing a loss of ₹191 crore to the exchequer.
The retired officials of Satluj Jal Vidyut Nigam and others have been alleged to have caused a loss of ₹191 crore to the exchequer. The accusations can be summarized as follows:
- Mismanagement of funds: The officials are accused of mismanaging funds allocated for various projects, leading to financial losses.
- Embezzlement: It is alleged that the retired officials and others embezzled a significant amount of money through fraudulent means.
- Manipulation of records: They are accused of manipulating financial records and documents to cover up their illegal activities.
- Bribery and corruption: It is alleged that the officials received bribes from contractors and suppliers involved in the projects, compromising the overall integrity of the system.
- Lack of oversight: Lack of adequate oversight and internal controls is one of the key allegations, as it allowed the officials to engage in such illegal activities without detection.
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a year ago