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Crores of rupees go 'missing' from bank accounts; Andhra govt clarifies

The state government said the DA arrears amount was 'erroneously' credited into the GPF accounts of the employees 'due to a technical glitch'

YS Jagan Mohan Reddy, Andhra Pradesh, jaganmohan reddy
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File Photo of Andhra Pradesh CM Y S Jagan Mohan Reddy

Press Trust of India Amaravati
Hundreds of crores of rupees reportedly went "missing” from the bank accounts of over 90,000 employees of Andhra Pradesh government and there were allegations that the government has withdrawn the money, a charge denied by the Special Chief Secretary (finance) S S Rawat on Wednesday.
 
The amount was “withdrawn illegally” after it was credited into the General Provident Fund (GPF) accounts of the employees, it was alleged.
 
Responding, the State government said the DA arrears amount was “erroneously” credited into the GPF accounts of the employees “due to a technical glitch”.
 
Citing preliminary information furnished by the Director of Treasury

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jun 29 2022 | 11:03 PM IST

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