Public Money, Private Pockets
Summary
More than Rs 120 million meant for dairy farmers has allegedly been siphoned off through a network of cooperatives and farms linked to the state-owned Dairy Development Corporation. The Central Investigation Bureau has arrested eight suspects, including former General Manager Sanjiv Jha, as the case raises fresh concerns about oversight in public enterprises.
Key Points
- More than Rs 120 million meant for dairy farmers was allegedly diverted into personal bank accounts through cooperatives and agricultural farms linked to the Dairy Development Corporation.
- The Central Investigation Bureau says DDC employees manipulated milk payment records, withheld quality test results and used intermediaries to collect money from farmers.
- The CIB has arrested eight suspects, including former General Manager Sanjiv Jha, and is preparing to submit its findings to court.
- The article calls for stronger audits, transparent milk pricing and tighter oversight of government-owned corporations to prevent similar frauds.
