ONGOLE: The Prakasam district authorities issued cancellation notice to the Podili Rural Cooperative Housing Society administration as the cooperative society management was reportedly found to have swallowed the society funds up to Rs 30 crore after they illegally sold out the society lands which were acquired to provide house sites to its members.
The government had earlier provided subsidies to the cooperative housing society, which is meant to benefit a large number of people.
In this connection, the Podili Rural Cooperative Housing Building Society also acquired lands for housing purposes and laid layouts to allocate house sites to its members. At this stage, some of the cooperative society members allegedly sold the lands which were earmarked for future community amenities like school, park, library and other facilities, and embezzled around Rs 30 crore revenue of the cooperative society.
Some of the members of the cooperative society brought this scam to the notice of the district administration and also submitted a memorandum in the Spandana programme, following which the Collector ordered for a thorough inquiry on the issue and appointed District Cooperative Officer (DCO) P Raja Sekhar as the inquiry officer.
His team went through the records and cross-checked all the business done by the cooperative society administrative heads. They found faults with the society members and administration regarding the land allocation/sales to non-members of the society and collecting additional amounts from the members.
The inquiry team also confiscated forged and duplicate documents, money receipts, and other crucial evidence, and submitted a comprehensive report to the district authorities.