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Govt sets up 3-man Panel to study Sai Trust report

Posted by on July 13, 2011 0 Comment

Hyderabad: The state government on Wednesday constituted a three-member committee of experts to study the Report submitted by the Satya Sai Central Trust on its activities on July 11.

According to sources, the Experts Panel will have K Narasimhamurthy, N Srihari Babu and OR Reddy on board.

The three members of the committee have been reportedly directed to go deeply into the report and point out any discrepancies found. They have also been directed to file a comprehensive report of their own on the Trust report by July 20.

The state government had directed the Satya Sai Central Trust to submit a detailed report on its activities, including details of the members, their professions and properties, auditors and donors, exemptions given by the government, Reserve Bank and other statutory bodies to the trust, bank balances, complete details of the subsidiary trusts and so on, following a seizure of over Rs 35 lakh being transported to Bangalore.

This money was found in a vehicle allegedly belonging to a Trust member, leading to allegations of pilferage.(INN)

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