Rs 5.25 crore found missing from daily collection of Statue of Unity

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The manager of Vadodara branch of HDFC bank filed complaint as Rs 5.25 crore found missing from daily collection account of Statue of Unity. The Kevadia police station, which has registered the complaint, has started an investigation into the financial transactions of Statue of Unity.

The money was allegedly siphoned off during the period between October 2018 and March 2020. The auditors noticed that the receipts submitted by executives of Writer Business on behalf of the bank did not match with the actual entries into the account. “An amount of Rs 5.25 crore was missing although the receipts in our record showed that the agent of the HDFC bank had been handed over the amount. The agents provide SoU with a receipt on the letterhead of HDFC. The issue was raised with the bank, which proactively initiated a probe,” said officials.

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