Former VC and professor misused funds, says MKU

Staff Reporter

They diverted money to a trust

MADURAI: Madurai Kamaraj University has accused its former Vice-Chancellor, M. Lakshmanan, and a professor, R. Jayaraman, of diverting State and Central government funds to a trust formed by them without the knowledge of the university.

In his counter affidavit filed before the Madurai Bench of the Madras High Court on behalf of the university, its Registrar, V. Alagappan, said the two had committed a "criminal breach of trust."

The affidavit was filed recently in reply to a writ petition moved by Dr. Lakshmanan, seeking a direction to restrain the University from interfering with the activities of Centre for Entrepreneurship Development (CED) Tamil Nadu.

Denies claim

Denying the claim of the petitioner that CED was a public charitable trust, the Registrar said the Department of Management Studies in the university had established the centre after obtaining the consent of the Syndicate on September 18, 1989.

Subsequently, the petitioner, who was the then Vice-Chancellor, had created a trust in the name of the centre by "misusing his official capacity" and also made himself a permanent chairman of the trust.

Trust deed not valid

The Registrar claimed that the alleged trust deed was not valid under law and that it was registered at the official residence of the then Vice-Chancellor at Palakalai Nagar in a "secret manner."

Pointing out that the Syndicate, in 1993, had passed a resolution to de-link the CED on "false claims" that it was incurring heavy loss, he said: "It is pertinent to note that the de-link is a calculated act and mischievous plan of the petitioner and Dr. R. Jayaraman to cheat the university... by way of getting the seal and endorsement of the university Syndicate."

Dr. Jayaraman, in his capacity as head of the Department of Entrepreneurship Studies, collaborated with many software companies for conducting special courses and as per the agreements the university paid 50 per cent of the income to the companies.

"But, all the cheques sent to the companies by the university were directly deposited into CED trust account," the Registrar alleged.

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