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Rs 2 crore swindled from District Collector's account in Kerala

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Published : Aug 1, 2020, 10:02 PM IST

In a financial fraud at Vanchiyoor sub-treasury in Kerala's Thiruvananthapuram, Rs 2 crore has been swindled from District Collector's account. A treasury employee is allegedly behind the fraud and the employee allegedly used the password of the retired official to siphon off the money from collector's account.

Financial fraud
Financial fraud

Thiruvananthapuram: A case of financial fraudulence amounting to Rs 2 crores has been reported at the Vanchiyoor Sub Treasury, in Thiruvananthapuram, Kerala, here on Saturday. Rs 2 Crore has been allegedly swindled from the Thiruvananthapuram District Collector’s account with the Sub Treasury. Prima facie, the money is said to have been siphoned off by an employee with the Sub treasury office, on May 31, using the password of a retired officer.

As per rules, the passwords of the retired officers are to be cancelled with immediate effect. It is also suspected that the password might have been saved by the retired officer on the browser window and that could have led to misuse and fraud.

The financial fraud was discovered when the accounts were checked to be sent to the Accountant General. The accounts did not tally up and fell short of Rs 2 Crores. After a thorough examination of the accounts, an official complaint would be filed with the police, said the Treasury authorities here on Saturday.

Read: Old woman falls unconscious and floats down river for hours, rescued

Thiruvananthapuram: A case of financial fraudulence amounting to Rs 2 crores has been reported at the Vanchiyoor Sub Treasury, in Thiruvananthapuram, Kerala, here on Saturday. Rs 2 Crore has been allegedly swindled from the Thiruvananthapuram District Collector’s account with the Sub Treasury. Prima facie, the money is said to have been siphoned off by an employee with the Sub treasury office, on May 31, using the password of a retired officer.

As per rules, the passwords of the retired officers are to be cancelled with immediate effect. It is also suspected that the password might have been saved by the retired officer on the browser window and that could have led to misuse and fraud.

The financial fraud was discovered when the accounts were checked to be sent to the Accountant General. The accounts did not tally up and fell short of Rs 2 Crores. After a thorough examination of the accounts, an official complaint would be filed with the police, said the Treasury authorities here on Saturday.

Read: Old woman falls unconscious and floats down river for hours, rescued

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