GHMC misappropriated funds

For the last six years, the Greater Hyderabad Municipal Corporation (GHMC) has misappropriated funds to the tune of Rs 3,630 crore, alleged members of the Lok Satta Party, on Sunday.

"As much as Rs 451 crores lapsed because the former corporators, did not spend the money. In the last six years the civic officials collected as much as Rs 13,000 crores in terms of taxes, of which Rs 3,630 went into the pockets of bureaucrats and people's representatives", said B Sambi Reddy, general secretary, Lok Satta Party (GHMC). He also alleged that Rs 14 crores was spent on lavish lunch buffets and corporators' tours which did not serve any purpose. Sambi Reddy , insisted that instead of leaving the money in the hands of such corrupt officials, the workflow of the GHMC must be decentralised.

"Let the tax-payers be given the money so that they can decide on what and where to spend the money", he said.

Courtesy: The Times of India