Mangalore University faces heat over alleged misuse of Rs 7 crore RUSA funds
Mangaluru: Mangalore University has landed in controversy over alleged misuse of Rs 7 crore sanctioned under the Rashtriya Uchchatar Shiksha Abhiyan (RUSA-1) for constructing boys' and girls' hostels.
An expert committee from the Karnataka State Higher Education Council, tasked with verifying the fund utilisation, found no hostel buildings on campus. When questioned, university officials reportedly attempted to mislead the committee by claiming the funds were used for an “international hostel.” However, the utilisation certificate submitted to the Higher Education Department claimed the construction of two separate hostels.
The issue was raised at a State Project Director’s meeting, following which a show-cause notice was issued. Department sources told Deccan Herald that the explanation submitted by the university was unsatisfactory. A senior official confirmed that the council had recommended recovery of misused funds and imposition of penalties.
RUSA funds, 60% of which are contributed by the Centre and 40% by the state, are meant to be used strictly for the specified purpose. In this case, Rs 3.5 crore each was allocated for the boys' and girls' hostels.
Vice Chancellor P L Dharma said an internal inquiry was ordered after a recent syndicate meeting. “A notice has been issued to the then finance officer. The inquiry will conclude in 15 days, and the report will be submitted to the government,” he said.
Higher Education Minister Dr M C Sudhakar stated that the department is awaiting the university’s internal inquiry report before initiating further action.
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DGGI, Hyderabad unearths Rs 13,000 cr syndicate involved in operating 'illegal' online gaming sites
Hyderabad (PTI): The DGGI, Hyderabad zonal unit, on Thursday said it has identified an alleged organised syndicate worth Rs 13,000 crore involved in operating "illegal" online gaming websites in the country with the assistance of associated fintech companies and arrested one of the masterminds.
It further said it has launched a massive crackdown on online gaming syndicates, including action against associated fintech companies, freezing bank accounts to the tune of Rs 100 crore and has begun arresting the masterminds.
As part of the online gaming investigation, GST Intelligence, Hyderabad arrested Pankaj Kumar, founder and director of Adsum Advisory Service Pvt Ltd, the city-based firm, which provides services for fraud detection and customer verification/digital KYC verification, a release from the Directorate General of GST Intelligence (DGGI), Hyderabad zonal unit said.
"Evidence gathered during the investigation pointed to the identification of an organised syndicate worth Rs 13,000 crore involved in operating illegal online gaming websites with assistance of associated fintech companies, including payment aggregator, payment gateway and third-party technology service providers, wherein Pankaj Kumar is one of the masterminds responsible for fraudulent KYC verification of merchants and shell entities on behalf of RBI regulated entities like Payment Gateways and Banking as Payment Aggregator (BAPA)," it said.
Being director of a company responsible for KYC verification process, Kumar "failed" to develop risk profiling of customers based on ownership and control structure and helped in onboarding of shell entities for UPI integration required for flow of money from online gaming, it alleged.
The DGGI, Hyderabad unit, further alleged Kumar, is one of the beneficiaries who received "illegitimate" proceeds of crime generated by the online gaming syndicate.
Further investigation is under progress, the release added.
