Haryana: Panchkula civic body finds discrepancies of Rs 150 crore in its FDRs with private bank

CHANDIGARH: (Mar 25) The Panchkula Municipal Corporation has found discrepancies in its Fixed Deposit Receipts (FDRs) with a private bank amounting to nearly Rs 150 crore, a senior official said on Tuesday.

“Some of the FDRs were with the bank for a long time in the Panchkula branch. Discrepancy was found when the bank was asked to transfer the funds upon maturity of one of the FDRs," Vinay Kumar, Commissioner of the Panchkula Municipal Corporation, said.

Following enquiries, the discrepancies were detected in other FDRs as well, involving a total amount of nearly Rs 150 crore, he said over the phone.