<p> <br /> The finance officer has written to the Government suggesting that the money should be recovered from Director M R Chandrashekhar, who had thrown to winds all suggestions of the Governing Body and Finance Committee of the institute. The letter has also recommended an inquiry by the Comptroller and Auditor General from the day the institute commenced.<br /><br />The letter points out that as per the government direction, the cheques issued by the institute should carry signatures of the Director and the finance officer. But the director has issued several cheques without getting the signature of the finance officer. <br /><br />Interestingly, the authorities concerned have not acted on the recommendation made in the letter written on July 26, 2009.<br /><br />As per the rules, the director should seek the written approval or suggestion before implementing decisions involving financial commitments. In this case, the director has allegedly not followed those rules and also he himself has prepared monthly statements and sent the same to the Government. <br /><br />The allegations levelled against the director in the letter included that the director had given a fake certificate for the utilising Rs 50 crore released by the government and the same had been deposited in fixed deposits and the interest earned also has been misused. The letter claimed that there was a loss of lakhs of rupees as the finance officer's advices were not followed. Even the austerity measures were treated with scant respect. <br /><br />It also lists that the director had called for tenders involving huge money without technical and administrative approvals. Many materials were purchased paying higher prices and contracts were awarded without proper checks. <br /><br />It said that the team led by Dharwad-based SDM College Civil Engineering Department head Dr S B Onakudre had expressed its dissatisfaction over the quality of civil works executed by Lanco Infratech, which was awarded the contract. The company has cheated the Commercial Taxes Department. <br /><br />The letter also states that the Commercial Taxes Commissioner has recommended that the funds should not be released to the company.</p>
<p> <br /> The finance officer has written to the Government suggesting that the money should be recovered from Director M R Chandrashekhar, who had thrown to winds all suggestions of the Governing Body and Finance Committee of the institute. The letter has also recommended an inquiry by the Comptroller and Auditor General from the day the institute commenced.<br /><br />The letter points out that as per the government direction, the cheques issued by the institute should carry signatures of the Director and the finance officer. But the director has issued several cheques without getting the signature of the finance officer. <br /><br />Interestingly, the authorities concerned have not acted on the recommendation made in the letter written on July 26, 2009.<br /><br />As per the rules, the director should seek the written approval or suggestion before implementing decisions involving financial commitments. In this case, the director has allegedly not followed those rules and also he himself has prepared monthly statements and sent the same to the Government. <br /><br />The allegations levelled against the director in the letter included that the director had given a fake certificate for the utilising Rs 50 crore released by the government and the same had been deposited in fixed deposits and the interest earned also has been misused. The letter claimed that there was a loss of lakhs of rupees as the finance officer's advices were not followed. Even the austerity measures were treated with scant respect. <br /><br />It also lists that the director had called for tenders involving huge money without technical and administrative approvals. Many materials were purchased paying higher prices and contracts were awarded without proper checks. <br /><br />It said that the team led by Dharwad-based SDM College Civil Engineering Department head Dr S B Onakudre had expressed its dissatisfaction over the quality of civil works executed by Lanco Infratech, which was awarded the contract. The company has cheated the Commercial Taxes Department. <br /><br />The letter also states that the Commercial Taxes Commissioner has recommended that the funds should not be released to the company.</p>
