2 held for Scholarship scam

     Written by : SMTV24x7 | Sun, Mar 05, 2017, 01:44 PM

2 held for Scholarship scam

Hyderabad March 5: Two Govt officials have been arrested by the Cyber Crime Police who were involved in the scam of misuse of government scholarships and diverted the funds to the tune of Rs 71 lakhs into private organizations accounts online.

According to from the resource, the Cyber Crime Police, here arrested Ajay Kumar Reddy, Senior Assistant in DTA, Hyderabad and Balu Naik, Senior Assistant in STO Huzurnagar, Suryapet for the offense, police said.

A complaint was lodged by the Treasuries and Accounts Department and stated that there is a doubtful claim which has been uploaded for an amount of Rs.71,13,000 in favor of Sai Vikas Degree College, Kodad Bank A/c No.032911100000098 of Andhra Bank, Kodad Branch.

The culprits who have uploaded the file into treasury department server with a motive to wrongful gain and causing wrongful lost to government and requested to take necessary action.

The Modus Operandi of this case that, the both accused persons were working in the treasury department. They are colluded with some other suspected persons and misusing the government funds for their personal gain.

According to their plan, both collected the failure tokens of scholarship details of various colleges.

After collecting the information from the respective colleges, the accused persons with the cooperation from the Nalgonda DTO office officials have uploaded entire amount into the beneficiary college account by gaining illegal access to the DTA office server.