• By Jasreet Kaur
  • Fri, 28 Jul 2023 07:23 PM (IST)
  • Source:JND

A shocking incident has recently come to light in Kanpur, Uttar Pradesh, where a big scam has come to light involving the Kanpur Electricity Supply Company (KESCo). According to the reports, a staggering amount of nearly Rs 1.5 crore, which was collected from electricity consumers as their bill payments, somehow ended up being transferred to other unauthorized accounts instead of reaching KESCo's designated account. This revelation surfaced during the reconciliation of accounts, exposing a massive embezzlement scandal involving crores of rupees.

In response to this grievous issue, KESCo promptly took action and filed an FIR against ICICI Bank. According to KESCo's allegations, approximately Rs 1.5 crore meant for the company's coffers had been incorrectly transferred to other unidentified accounts, raising serious concerns about the security and proper handling of such significant financial transactions.

Intriguingly, the bank's management is also facing allegations of mismanagement in connection with the incident. As a result, a comprehensive re-examination of previous online bill payments is currently underway to ascertain the exact extent of the financial discrepancies. It is alleged that the bank's management failed to channel the money from online billing into KESCo's designated account but instead directed it to an unrelated account belonging to an unknown party.

Additional Superintendent of Police, Akmal Khan, revealed that KESCo had a contractual arrangement with ICICI Bank, wherein consumers' electricity bill payments were supposed to be deposited in the bank and subsequently transferred to KESCo's official account. However, due to apparent deviations from the established procedures, KESCo's IT department's executive engineer took the necessary step of filing a formal complaint with the Gwaltoli Police Station.

The principal focus of suspicion falls on the chief manager of ICICI Bank, who is the primary subject of the allegations. However, the ongoing investigation aims to ascertain whether other individuals or entities are also involved in this scam. As the investigation progresses, authorities are rightfully tight-lipped about releasing further details to the public at this time.

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