Puducherry: Two arrested after 8.84 crore rupees vanish from dental college account

Two individuals have been arrested following the disappearance of 8.84 crore rupees from the bank account of the Mahatma Gandhi Government Dental College in Korimedu, Puducherry. The funds, which were intended to pay salaries for over 300 employees who had not been compensated for three months, were transferred from the government treasury on the night of November 3.

Following a complaint by the college dean, the Lieutenant Governor intervened, directing the bank and cyber crime authorities to ensure the funds were returned to the college administration. Investigations by the cyber crime unit revealed that portions of the missing money, specifically 38 lakh rupees and 8 lakh rupees, had been transferred to different bank accounts.

Police traced the accounts to individuals residing in the Coimbatore and Tiruppur regions. Authorities have arrested a 55-year-old man from Ondipudur, Coimbatore, and a 39-year-old woman from Kottampalayam, Tiruppur, in connection with the fraud.