HYDERABAD: CBI officials from Hyderabad have registered criminal cases against six persons including retired and current officials of the Employees Provident Fund Organisation of Kadapa in AP for diverting money meant for pensioners. The accused allegedly diverted Rs 1.64 crore.
Shashank Jaiswal, Assistant Provident Fund Commissioner of EPFO, Kadapa, lodged a complaint with CBI officials stating that special audit conducted by a team of officials and also by a committee have found that Rs 1.64 crore had been diverted to the personal account of K Satyanarayana Rao, who is a retired employee and his kin K Satya Krishna, Sai Kiran and close relatives K Padmavathi, K Satyavathi and Kadiyala Subrahmanyam.
Around Rs 39.90 lakh belonging to pensioners was fraudulently diverted and moved to 11 different accounts maintained in various branches of Andhra Bank in Kadapa and Nellore.
Moreover, Rs 1. 24 crore meant for pensioners was credited to 16 different accounts of State Bank of India in Nellore and Kadapa.
Based on the complaint, CBI officials registered cases against Satyanarayana Rao, K Satya Krishna, Kadiyala Subrahmanyam, K Saikiran, Padmavathi and Satyavathi under criminal misconduct by a public servant, Acts done by several persons in furtherance of criminal conspiracy, criminal breach of trust by public servant or by banker, merchant or agent, cheating and dishonesty inducing delivery of property, forgery for purpose of cheating/using as genuine a forged document.