The Central Bureau of Investigation (CBI) has registered a FIR against a senior manager of the Airport Authority of India (AAI) posted at Dehradun. He allegedly siphoned and diverted more than Rs 232 crore from the AAI’s account into his own between 2019-20 and 2022-23. Perhaps in 2021-22 he fine-tuned the next phase of misappropriation! Reportedly, he created non-existent capital assets and duplicated legitimate work orders. As an authorised signatory for AAI’s accounts with the State Bank of India, he rerouted huge funds into his three accounts in the same bank. On 29 Sep 2021, he created genuine assets of Rs 67.81 crore for electrical work in the New Terminal Building Phase I. Next day, he fabricated 17 fictitious assets of Rs 189 crore from 13 original assets of Rs 13.58 crore by adding a zero and duplicating entries, then transferred the amount to his account. It is enigmatic that the fraud since 2019 was detected only after six years. Authorities missed it, though ordinary customers face constant scrutiny for KYC and transfers.
