Airport Authority's Financial Scandal: Senior Manager Accused of Embezzling Rs 232 Crore
The CBI has filed an FIR against Rahul Vijay, a senior manager at the Airport Authority of India, accused of embezzling over Rs 232 crore by creating fictitious assets and entries in the financial records. An internal audit unravelled the deception during his tenure at Dehradun airport.
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The Central Bureau of Investigation (CBI) has launched an inquiry into a senior manager from the Airport Authority of India (AAI) accused of embezzling over Rs 232 crore. The senior manager, Rahul Vijay, allegedly transferred funds into personal accounts by fabricating accounting entries, as per CBI records.
The scheme was discovered during an internal audit that revealed unusual capitalisation of assets between 2019 and 2023 in the financial records while Vijay was stationed at Dehradun airport. The audit revealed that the capital assets shown did not exist, which brought to light the extensive scope of the alleged fraudulent activities.
A complaint by senior manager of finance, Chandrakanth P, led to an FIR against Vijay. The Economic Offences Unit is probing the matter, with allegations including non-existent asset creation and inflated work orders for illicit fund transfers.
(With inputs from agencies.)
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