Former CIMFR director suspended for his alleged financial irregularities

| | Dhanbad
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Former CIMFR director suspended for his alleged financial irregularities

Saturday, 31 December 2022 | Pankaj Kumar | Dhanbad

Former CIMFR director PK Singh along with administrative officer D Murmu  have been  suspended for their   alleged financial irregularities.

Singh  was working as senior scientist  in the institute after remitting the   office of director in November 2021 and was to retire from service on December 31.But on his second last working day  of his service  on Thursday evening  he was suspended following orders of the CISR headquarters the parent body  of the  institution.This is probably fisrt instance  that  any director of this prestegious institution of international repute has been suspended owing financial irregularities.

 Distribution  of honorarium,the  institute gained from Intelectual property right, R and D and other, in violation to the guideline of CISR happen to be main reason of  suspension order . Besides the former director   was in other  controversies  too .

CIMFR sources said that during  his five year tenure  between  2017 to 2021 about Rs 178 crores were distributed among  around 500+  persons of the institute  in form of honorauium  and incidentally he was  the person among  who recieved highest amounts  that runs in several  crores. The amount was   much much higher than the entire salary  and perks he recieved as director.

As per law any benificary is entitled  to recieve Rs one lakh in form of honorarium  or the annual salary which ever is highest in any financial year.

 Besides, as director  he also violated the set norms of the of distribution.

Though PK Singh was not available  for  comment  administrative sources at CIMFR said that both persons have been the served the suspension order. With this  his pension  and other retirement  benifits  also have been put on hold.

In another move  as per the CSIR instructions all those, who recieved the honorarium  during the aforementioned period ,have been asked to refund the recieved sum with 12% intrest rate.

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