False FDR: The Treasury Challan Scam hasn't Taught Us Anything

A recent smear of Rs 15 Crore in the excise department is not only the first, but a similar one costing Rs 42 Crore five years earlier, and a Rs 19.5 Crore recovery was yet to be made . The department made headlines in 2022-23 by auctioning out all 173 liquor shops .

INDORE: A recent smear of Rs 15 Crore in the excise department is not only the first, but a similar one costing Rs 42 Crore five years earlier, and a Rs 19.5 Crore recovery was yet to be made.Around five years ago, a probe discovered a Rs 42 Crore fraud, referred to as the treasury challan fraud.In this case, liquor vendors lost about Rs 18 crore in 2017-18 by tampering with treasury challans, whereas in the fiscal year 2016-17, the contractors lost Rs 22 crore.The scheme began in December 2015, and the department lost Rs 1.5 crore in the remaining four months of the same fiscal year.

For suspected incompetence and involvement in the fraud, a department investigation is now ongoing against the excise officials who were posted in Indore at the time the theft took place.We have reached the district administration in Indore, Mandsaur, and other cities where the property of the hackers, who were involved in the fraud, is located, for auctioning the same for the remaining sum, according to Indore assistant excise commissioner Raj Narayan Soni.The Indore excise department, which made headlines in 2022-23 by auctioning out all 173 liquor shops, managed to generate over Rs 1,350 crore for the state government, has yet to learn from its own inaction, as the department is now in the news again, but for the wrong reason, reporting a fraudulent fixed deposit receipt (FDR) fraud totaling Rs 15 crore.The papers appear to be original in a bogus FDR scam because there is no overwriting, Soni claimed.