STOCK MARKET BSE NSE

Bengaluru: Railway official dismissed for cash misappropriation

A commercial supervisor at the Bengaluru East Railway station who misappropriated ticketing cash to the tune of over Rs 65 lakh spread over several months in 2016 has recently bee

Published: 27th January 2018 02:00 AM  |   Last Updated: 27th January 2018 10:02 AM   |  A+A-

Image for representational purpose only

Express News Service

BENGALURU: A commercial supervisor at the Bengaluru East Railway station who misappropriated ticketing cash to the tune of over Rs 65 lakh spread over several months in 2016 has recently been dismissed from service. A charge-sheet readied by the Railway Police to initiate action against him in a criminal case has been sent to their prosecutor for submission in court.Vincent Terrence, who has put in 36 years of service in the department, was found guilty of misappropriating `65,15,363 of Railway money during a surprise internal audit conducted in May 2017. Railway Commercial Inspector C P V Gupta, Cashier Vasikaran and booking clerk Sanjay Karkate are also facing an inquiry.

“Terrence was able to totally repay `25 lakh but was not able to pay back `40 lakh. The gratuity and pension due to him for 36 years of service works out to `39 lakh. This would be taken by the Railways now that he has been dismissed,” a top Railway source said. Since an internal inquiry of the Commercial section found him guilty of the misappropriation, Terrence has been dismissed, the source said. 
The information was confirmed by a top official of the section.

Terrence had also given in writing that he was guilty of the charges against him. Despite being on ‘sick leave’ for many months in 2016, he came to the office daily to collect the cash. The others are guilty of assisting him while the commercial inspector has been found guilty of not keeping track of daily collection receipts.A criminal case has been booked for misappropriation of railway funds under Section 3 (A) of the Railway Property (Unlawful Possession) Act, 1966. Terrence is Accused No 1.  

According to another Railway source, “Terrence never gave us the complete picture of what happened to the cash. The misappropriation has taken place over the course of many months in 2016. He may have intended to repay the money on the sly to the Railways by adding it along with cash that is collected by the station in the coming days. But the demonetisation move could have dealt a big blow to this plan.”

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp