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The Chief Officers' Network - your business advantage / Front / Front Page / India: has Ghandi Trust money been stolen?




Although a super-large number in rupees, it translates into a little over USD25 million. That's still a vast amount of money in a country where hundreds of millions live on less than USD50 per month.

The Court has ordered the trust and one of its officers, Kapila Vatsayan, to provide answers in the investigation. The money was, according to court papers, destined for the construction of a new office block for the trust.

The inquiry began when a government department noticed that large amounts were raised for specific purposes but the amount spent on those was significantly less than the amount raised. More, even though it was not using the money it had, the trust continued to raise more and more money.

The Comptroller and Auditor General's report implied just one major question: where did all the money go?

That's what the public interest suit issued in the High Court is designed to find out.

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