STOCK MARKET BSE NSE

Fund misuse row hits Chengannur CSI church

A commission appointed by the general body of St Andrew CSI Church, Chengannur, has found the administrators of the church misappropriated funds to the tune of `80 lakh.

Published: 28th May 2019 04:01 AM  |   Last Updated: 28th May 2019 04:01 AM   |  A+A-

By Express News Service

KOCHI: A commission appointed by the general body of St Andrew CSI Church, Chengannur, has found the administrators of the church misappropriated funds to the tune of Rs 80 lakh. The report compiled by the three-member commission, including Mathew Thomas Kaipuraidom, Anil John Abraham and George Varghese Kochukaleekal, has held warden Koshy Mathew and vicar Shaji K George, who handled administration during 2016-2017, failed to maintain the journals and ledgers properly and follow accounting standards. 

The report cites instances of major misuse of funds, including amounts used against a construction account, excessive expenditure under various heads such as repair of an electrical motor, and food as well as allotment of shops without accepting deposits as decided in church’s committee meetings.

“As per the church’s constitution, the power of attorney lies with the treasurer of the CSI church to make transactions and sign the official documents. The vicar has no such powers and, therefore, his signing the legal documents is a violation of the constitution,” said Mathew Thomas Kaipuraidom.  Fr Shaji K George dismissed the allegations as baseless and said some vested interests were attempting to tarnish the image of the church.

“The accounts of the church were properly audited by qualified chartered accountants and bank employees and they did not point out any misappropriation. The allegations are being raised due to personal grudge,”  said Fr Shaji told Express. Koshy Mathew too said there was no substance in the allegation.

Stay up to date on all the latest Kerala 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