Ex-BC Corporation official charged with irregularities

CUDDAPAH, MARCH 17. A former executive director of BC Corporation, R. Hari Prakash, now serving as Special Officer of Pulivendula Development Agency, has been charged with overdrawal of funds, issuing of cheques without relevant approvals to beneficiaries that bounced, and getting works done without calling tenders, involving Rs.34,11,755, all in September last.

Mr. Hari Prakash has been served a memo of explanation by the Vice-Chairman and Managing Director of Andhra Pradesh BC Cooperative Finance Corporation Ltd., Rajat Kumar, seeking his clarification within a fortnight.

Mr. Hari Prakash was posted as special officer of Pulivendula constituency, represented by the Chief Minister, Y.S. Rajasekhara Reddy, after the Congress assumed power.

Collector confirms

Confirming that the official was served the memo six days ago, the Collector, Jayesh Ranjan, told The Hindu on Thursday that his explanation was awaited. A thorough enquiry would be ordered by State-level officials or an external agency if prima facie evidence was detected and if his explanation was unsatisfactory, Mr. Ranjan stated.

Mr. Hari Prakash was charged with issuing cheques for Rs.19,66,560 on September 24, 2004, to self-help groups and agencies under different schemes without the approval of the District Collector and without observing balances in the Union Bank of India Cuddapah branch SB account No. 4594.

A majority of cheques got bounced and beneficiaries were pressing for their clearance, the Collector said in D.O. letters forwarded to the Managing Director of A.P. Backward Class Cooperative Finance Corporation Ltd. and the Principal Secretary, BCs' Welfare, in January this year.

Mr. Rajat Kumar, in the memo, warned Mr. Hari Prakash of action on the basis of material evidence available, if no explanation was received from the official within the stipulated period.

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