7 arrested in NGO siphoning off over Rs 300 cr govt money

Seven persons, including a bank manager, and officials of district treasury were arrested today in connection with a city based NGO siphoning off over Rs 300 crore government money meant for various schemes.
Inspector-General (IG) (Economic Offence Unit) Jitendra Singh Gangwar heading the probe into embezzlement said seven arrests have been made so far.
Those arrested included manager of a bank, officials of NGO, stenographer of district magistrate and officials of district treasury.
Probe into embezzlement of government money is being done in great speed after Chief Minister Nitish Kumar had on Wednesday last flagged the issue.
Three FIRs have been lodged against the office-bearers of the NGO, bank officials and government employees without whose connivance, it was not possible to embezzle such a huge government funds.

Of the embezzled money of Rs 302.70 crore, the state government had allocated Rs 270 crore for land acquisition, Rs 17.70 crore for urban development and Rs 15 crore belonged to district nazarat.