An official of the Employee Provident Fund Organisation (EPFO) was convicted and sentenced to one year of rigorous imprisonment in a case filed by the Central Bureau of Investigation (CBI).
The Anti-Corruption Branch of the CBI in Chennai registered and investigated a case against O. Paramiah, Senior Social Security Assistant of EPFO, Tirunelveli, based on allegations that during 2011-2013, he had abused his official position and cheated the EPFO.
He had transferred Rs.22,83,997 from the EPFO account to the pension accounts of 12 pensioners titled “ pension arrears” for which they were not entitled, and subsequently had withdrawn it for his personal use by cheating them. This had reportedly caused a wrongful loss to the EPFO, Tirunelveli.
A charge sheet was filed by the CBI against the accused under Sections 408, 420, 477-A of the Indian Penal Code and 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988.
The accused was convicted and sentenced to one-year rigorous imprisonment and slapped with a fine of Rs.20,000.