Probe disbursal of APSMFC funds: SIO

A protest demonstration was held by Students Islamic Organisation of India on Sunday in front of the Haj House, Nampally against the swindling of funds in the Andhra Pradesh State Minorities Finance Corporation (APSMFC).

The protestors raised slogans against the government and the APSMFC officials for being negligent and demanded that the money be recovered immediately by investigating the disbursal of funds since 2005.


The SIO sought establishment of a commissionerate for APSMFC, posting an IAS officer as head of the corporation, posting budget details on the APSMFC website and constitution of a Recommendation Committee for monitoring its functioning.