Investigation Launched into ₹4.24 Crore Embezzlement of PMAY Funds in Beed District
Rs 4 crore of PMAY funds embezzled in Beed district, case registered
News 18
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A case has been filed against the former chief officer of Kaij Nagar Panchayat and five others in Beed district, Maharashtra, for allegedly embezzling ₹4.24 crore (approximately $510,000 USD) from the Pradhan Mantri Awas Yojana (PMAY) between May 2021 and January 2022. The funds were misappropriated by transferring them to ineligible accounts.
- 01A total of ₹4.24 crore (approximately $510,000 USD) was allegedly embezzled.
- 02The case involves the former chief officer of Kaij Nagar Panchayat and five others.
- 03The funds were meant for house construction under the PMAY scheme.
- 04An inquiry committee's report led to the filing of the First Information Report.
- 05No arrests have been made yet, and the investigation is ongoing.
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A significant case of embezzlement has emerged in Beed district, Maharashtra, where ₹4.24 crore (approximately $510,000 USD) allocated under the Pradhan Mantri Awas Yojana (PMAY) was allegedly misappropriated. The funds, intended for housing construction, were transferred to accounts of individuals who were not the designated beneficiaries between May 20, 2021, and January 31, 2022. Following a detailed report from an inquiry committee established by the Beed collector, a First Information Report was filed under the Indian Penal Code for criminal breach of trust and cheating. As of now, no arrests have been made, and the police are continuing their investigation into the matter.
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This case raises concerns about the integrity of public funds and the effectiveness of the PMAY scheme, which aims to support housing for the economically weaker sections.
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