Shoddy College finance management irks Bihar Governor

Shoddy College finance management irks Bihar Governor

Bihar Governor Lal Ji Tandon has written to vice-chancellors (VCs), pro-vice chancellors and registrars to take action against colleges where financial irregularities are detected.

The governor’s letter comes after inspection reports from various colleges in Bihar were sent to the chancellor of universities.

The governor has sought speedy action . Accounts of Patna Science College, Vanijya College and Patna College were not being maintained properly, the reports indicate.

At Parwati Science College, under B.N. Mandal University, around Rs 12,53 lakh was not accounted for. Another institute under the same university — Laxminath College in Saharsa, had no entries under accounts. Accounts of another college in the university had not been updated for the last two years.

Under Munger University, vouchers for several colleges had not been adjusted in the accounts. At Jai Prakash University in Chhapra, accounts of several colleges had not been updated or had incomplete information. The Governor stressed that a probe was required into financial irregularities at Kamala Rai College in Gopalganj. Even accounts at the Maulana Majrul Haque University in Patna show huge advances given without giving details of persons who received the same.

Accounts were not properly maintained at R.P.M. College in Patna City, under Patliputra University.

At the Vanijya College of Arts, Science in Patna, accounts existed till only March 2017, and at A.N. College till 2015. Adjustment of funds in both the accounts were found to be unsatisfactory. Even the accounts of Magadh College in Nalanda district had not been updated. Several colleges under L.N. Mithila University have not updated their accounts.

SEE ALSO  Gas stove or Grim Reaper?

The Governor has asked VCs to consider treating action of a college not updating its accounts as a financial irregularity.

Action should be initiated to remove irregularities, he stressed in his order. He asked university officials to continue regular inspection of colleges.

-Contributed-