EPF scam: Govt asked to find out if other depts also invested in DHFL
Uttar Pradesh Vidyut Upbhokta Parishad has asked the Yogi Adityanath government to probe whether any other department on the state has also invested money in the DHFL like UP Power Corporation Limited invested Rs 2,267 crore of power employees provident fund in the scam-hit DHFL.
Vidyut Upbhokta Parishad chairman Awadhesh Prasad Verma in a statement here on Thursday said the annual financial report of DHFL for the year ending March 31, 2019, said the total fixed deposits of the company stood at Rs 6,963 crore and it was not accepting any further fixed deposits or renewing the old ones as the institution’s rating had been downgraded.
“But if we deduct Rs 2,267 crore deposit made by the UPPCL Employees Trust in the DHFL, the company has not disclosed the depositors of the remaining Rs 4,600 crores. This money could be invested by other government departments of the state,” he said.
