Valmiki Corporation fraud: Alleged perpetrator behind fake account arrested
Hyderabad: In a significant development, the Special Investigation Team (SIT) officials have apprehended the individual allegedly responsible for opening a fraudulent account linked to the Valmiki Corporation embezzlement case. Identified as Satyanarayana Verma, the accused was taken into custody in Hyderabad after being found to have initiated 18 bank accounts under various company names.
Reportedly, funds from Valmiki Corporation were illicitly channeled into all 18 bank accounts associated with the arrested individual. During the operation, authorities seized a substantial amount of evidence, including 16 kilograms of gold and ₹10 crores in cash.
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The SIT officials will be transporting Satyanarayana Verma to Bengaluru for further legal proceedings.
The embezzlement case pertains to the unauthorized transfer of ₹94.73 crores into 18 accounts linked to Valmiki Corporation. Following the detection of these suspicious transactions, the state government constituted an SIT to conduct a thorough investigation.
Notably, former Managing Director Padmanabha, Accountant Parasuram, and Nagaraj Nekkunti who is said to have close connection with Minister B. Nagaraj, Nageshwar Rao have all been arrested by the SIT in connection with this case.
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Ruskin Bond hospitalised in Dehradun due to leg problem
Dehradun (PTI): Author Ruskin Bond has been admitted to a hospital in Dehradun due to a leg problem, a close friend of the writer said here on Sunday.
After visiting Bond at the hospital, well-known Dehradun-based publisher Upendra Arora said the elderly author was unable to walk properly, following which he was admitted to a private hospital here on Saturday.
The 91-year-old Bond, a recipient of the Padma Bhushan, lives in the Landour area of Mussoorie.
Arora said Bond is undergoing physiotherapy under medical supervision and is expected to be discharged from the hospital in two to three days.
"There is nothing serious," he said.
Bond has written more than 500 short stories, essays and novels, of which 69 books are for children.
He was awarded the Sahitya Akademi Award in 1992 for Our Trees Still Grow in Dehra.
