The missing gold coins are estimated to be worth Rs 15 lakh
Image source: http://www.kondaveeti.org
State officials in Andhra Pradesh, India have launched an inquiry into the disappearance of 300 gold coins and ornaments from the treasury of the Tirumala Tirupati Devasthanams (TTD), the body that runs the Sri Venkateswara Temple.
According to the Indian Express, the TTD’s Vigilance Wing has already carried out its own investigation, which concluded that a total of 21 people, including the organisation’s former deputy executive officer R Prabhakar Reddy, had been involved in the “misappropriation” of the coins.
The revenue department of the state government will now look into the allegations and has sought a written submission from Mr Reddy and the others named in the TTD report.
The missing gold coins are estimated to be worth Rs 15 lakh (£18,821).
Officials will also look into the disappearance of several items of gold jewellery donated to the TTD by temple devotees, the newspaper noted.
The Sri Venkateswara Temple is located on the seventh peak of Tirumala Hill, which rises 3,200 feet above sea level near the town of Tirupati in south-east India.
Source: http://www.commodityonline.com
TTD suspended five employees
TIRUPATI: The state government on Tuesday suspended five employees working in the pay and accounts department in Tirupati for their alleged involvement in a fake cheques and forgery scandal involving an amount of Rs 4 crore.
The scandal came to light following a complaint lodged by the officials of State Bank of India who found irregularities in the transactions to the tune of Rs 44 lakh. Talking to TOI, joint director of pay and accounts department, Kadapa, D Subbaramaiah said: “We have sent a team of officials to check the irregularities. So far, the misappropriated amount was close to Rs 4 crore and after a thorough verification we will be submitting a report to the government.”
The suspended officials were: Rajyalakshmi, V Suryakumari, D Gopal, K Gurraiah and R Lavanakumar.
Source: http://timesofindia.indiatimes.com/Hyderabad/TTD-suspends-5-employees/articleshow/4750747.cms