A sub-treasury officer working in Nalgonda district of Telangana was today arrested for allegedly misusing government scholarships and diverting funds to the tune of Rs 71 lakh, police said.
The Cyber Crime Police arrested from Nalgonda Gangula Purushottam Reddy, who allegedly diverted the funds online to the accounts of a private organisation, an official release said.
Reddy colluded with other suspects and misused the government funds for their personal gain.
According to their plan, he authorised the illegal e-cheque transfer, through which accused persons tried to benefit a private college to the tune of Rs 71 lakhs.
"For illegal authorisation of e-cheque, he had demanded money from the college management," the release said.
Earlier, a case was registered under relevant sections of IPC and IT Act following a complaint lodged from Treasuries and Accounts Department of Telangana State that there is a doubtful claim which has been uploaded for an amount of Rs 71,13,000 in favour of a private college's bank account.
Further investigation into the matter is on.
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