Special Correspondent

HYDERABAD: The NTR Memorial Trust has clarified that there was no diversion of funds from the Trust to the India Heritage Foundation in USA.

Reacting to reports in a section of the media, K. Umesh, Chief Executive Officer of the Trust, said during Managing Trustee N. Chandrababu Naidu’s visit to USA to attend Telugus Association of North America (TANA) celebrations in July 2007, NRIs came forward to donate funds for supporting Trust activities and sought tax exemption. Such donors were advised to donate to India Heritage Foundation, USA. The Foundation in turn donated the amount to the Trust and these were correctly accounted for.