The case was investigated by Vigilance Special Investigation Unit - I former DySP V Ajayakumar.
The TDB submitted before the High Court it was Lord Ayyappa’s will that guided the Board to divert the Devaswom Employees Provident Fund and Temple Employees Provident Fund.
The Sree Parasurama Swamy temple at Thiruvallam was facing serious risks as nearly half a dozen LPG cylinders were stored inside the temple complex.
As many as 58 fixed deposits having a maturity value of `152.18 crore were closed prematurely for purchasing the bonds on March 28 last year.
Travancore Devaswom Board (TDB) president A Padmakumar on Friday said he would complete his full tenure until November.
The board chief also stated that he had not asked for any explanation from the Devaswom Commissioner and had merely said that he was 'waiting for the report'.
However, the TDB, while insisting it has not made a U-turn, said it has complied with the Constitutional Bench judgment of September 28, 2018.
The Board, which also comprise the state government nominees, told the apex court that it is high time that a particular class not be discriminated on the ground of biological attributes.
At 88, Chenkalloor Dakshayani, the oldest living Asian elephant in captivity, died here on Tuesday.
Apart from allocating Rs 200 crore for road works in adjacent areas of Sabarimala this year, the state government has also earmarked Rs 102.16 crore for various facilities related to the temple.
The government policy of facilitating young women enter the temple has resulted in a steep decline in revenue, which will affect the families of around 10,000 employees and pensioners.
The decision has come as a boon for the Sabarimala pilgrims who are made to cough up Rs 40 for a one way trip in a jampacked non-AC bus and Rs 75 for an AC bus.
Padmakumar reiterated his stand that the people who took to the streets protesting against the entry of women to Sabarimala were not all Sangh Parivar followers.
The notice demands to furnish a written explanation within 15 days. The thantri had performed the purification rituals after it was confirmed that two young women had entered the temple.
The thantri had performed the purification rituals after two young women entered the temple violating the age-old practice of denying entry to women in the age group of 10 to 50 years.