FIR registered on fraudulent withdrawal of Rs 1.58 cr from Kolhan University’s Tata College

Jamshedpur: A case of illegal withdrawal of Rs 1.58 crore from Tata College Chaibasa of Kolhan University has come to light.

This has created a stir in all the colleges affiliated to the university.

After the matter came to light, the university administration has directed the principals of all the colleges to provide the details of their college account as soon as possible. Also, an FIR has been lodged by the university’s registrar Parshuram Sialanke in the Mufassil police station of Chaibasa.

In fact, Rs 1,58,800 crore has been withdrawn from the Punjab National Bank account of Tata College Chaibasa of Kolhan University through a fake cheque. The incident is of February 4, 2025. The matter has come to light after 14 days. Investigation has revealed that the said amount has been transferred from the college’s account (A) to two different banks. Among these, Rs 91,49,300 has been sent to the account of Shantu Chinta Infra Private Limited in the Bank of Baroda branch located in Ramgarh (Jharkhand).

At the same time, Rs 67,47,500 has been sent to the IDFC Bank account of Radharani Enterprises in Cuttack (Odisha). In withdrawing the amount, fake signatures of Tata College Professor Incharge S. C Das, KU Finance Officer B K Singh and current Registrar Dr PK Siyal have been used.

The complaint has been made to OSD (J) of Governor Secretariat and Director of Jharkhand Human Resource Development Department.

In this regard, Professor Incharge of Tata College has given written information to the Finance Officer of Kolhan University.

He informed that the said amount has been sent from the college’s account (A) to the accounts of the concerned companies in both the banks.

Account (A) belongs to the college, the college administration is not aware of the said two payments. In this regard, it has been requested to provide full details.

On the other hand, the finance officer of KU has asked the Punjab National Bank management to provide CCTV footage.

At the same time, it has been said that the said amount was withdrawn without investigation. No such cheque has been issued by the university, the said amount has been asked to be returned immediately.

At the same time, instructions have been given to register an FIR at their own level, the branch of the banks in which the amount has been transferred has been informed immediately and asked to stop all transactions.

On the other hand, the college’s account has been checked on Tuesday evening. On the instructions of the in-charge vice chancellor of Kolhan University, Hari Kumar Kesari, former registrar cum dean of Social Science, Rajendra Bharti, current registrar P. Siyal and finance officer BK Singh examined the CCTV footage and documents related to the bank account.