Air India unions’ joint forum seeks forensic audit of provident fund trusts
A joint forum of eight Air India unions has sought an independent forensic audit into the operations of the airline’s provident fund trusts, alleging losses to the tune of Rs 1,085 crore due to “questionable investments” by the trusts. In an e-mail to Civil Aviation Minister Hardeep Singh Puri on Tuesday, the forum also asked for his intervention in the matter related to two trusts — one each of the erstwhile Indian Airlines and Air India.
Stating that it was “compelled” to write to the Minister to seek his guiding light and help, in regard to the crisis that has engulfed Provident Fund trusts, both AIEPF & IAEPF trusts, it said the two trusts together are one of the largest in the country.
