Audit of Periyar University finds ₹47 crore irregularity
Senthil.Kumaran@timesgroup.com
Salem:11.08.2018
The Local Fund Audit (LCA) department has raised 691objections amounting to Rs 47.44 crore pending since 1997 in city-based Periyar University’s account auditing.
The audit report for the 2015-16 was placed before the senate meeting of the university recently.
The report has directed the university to settle all the objections at the earliest. “One of the main directions was to settle ₹47,44,16,267 crore pending since 1997,” a senior senator said on condition of anonymity. He said irregularities and misappropriation of funds started in the university since its inception. The university was inaugurated by former chief minister M Karunanidhi in 1997. Subsequently, an audit was carried out by the LCA at the end of 1997-98 financial year. “Irregularities to the tune of ₹14.63 lakh were found in both 1997-98 and 1998-99 financial years,” the senator said.
The irregularities include utilizing university fund for personal reasons and payment of salary for professors and lecturers above the sanctioned strength. A few former vice-chancellors, registrars, professors and lecturers had availed advance salaries and failed to produce proper bills or receipts for the same.
Similarly, an amount of ₹12.22 lakh in 1999-2000 and 2000-01, ₹34.47 lakh in 2002-03, ₹1.12 crore in 2005-06, ₹9.89 crore in 2009-10 and ₹13.18 crore in 2014-15 remain unaccounted for by the university. “Even in 2015-16 financial year, ₹1.73 crore was utilised irregularly by the university,” the senator said. Vice-chancellor P Kolandaivel said of the 691 objections, 100 had been cleared. “Similarly, another 150 objections have been sent for ratification. They will be cleared shortly,” he said. He said at least 300 and more objections would be cleared before the end of this year. The V-C said the university management had not wasted even a single paise.
The irregularities include utilizing university fund for personal reasons and payment of salary above the sanctioned strength. A few former VCs had availed advance salaries and failed to produce proper bills or receipts
Senthil.Kumaran@timesgroup.com
Salem:11.08.2018
The Local Fund Audit (LCA) department has raised 691objections amounting to Rs 47.44 crore pending since 1997 in city-based Periyar University’s account auditing.
The audit report for the 2015-16 was placed before the senate meeting of the university recently.
The report has directed the university to settle all the objections at the earliest. “One of the main directions was to settle ₹47,44,16,267 crore pending since 1997,” a senior senator said on condition of anonymity. He said irregularities and misappropriation of funds started in the university since its inception. The university was inaugurated by former chief minister M Karunanidhi in 1997. Subsequently, an audit was carried out by the LCA at the end of 1997-98 financial year. “Irregularities to the tune of ₹14.63 lakh were found in both 1997-98 and 1998-99 financial years,” the senator said.
The irregularities include utilizing university fund for personal reasons and payment of salary for professors and lecturers above the sanctioned strength. A few former vice-chancellors, registrars, professors and lecturers had availed advance salaries and failed to produce proper bills or receipts for the same.
Similarly, an amount of ₹12.22 lakh in 1999-2000 and 2000-01, ₹34.47 lakh in 2002-03, ₹1.12 crore in 2005-06, ₹9.89 crore in 2009-10 and ₹13.18 crore in 2014-15 remain unaccounted for by the university. “Even in 2015-16 financial year, ₹1.73 crore was utilised irregularly by the university,” the senator said. Vice-chancellor P Kolandaivel said of the 691 objections, 100 had been cleared. “Similarly, another 150 objections have been sent for ratification. They will be cleared shortly,” he said. He said at least 300 and more objections would be cleared before the end of this year. The V-C said the university management had not wasted even a single paise.
The irregularities include utilizing university fund for personal reasons and payment of salary above the sanctioned strength. A few former VCs had availed advance salaries and failed to produce proper bills or receipts
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