Almost a year after his disappearance, the officials of the vigilance and the anti -corruption office (VACB) finally arrested Akhil C. Varghes, the main accused of the case of fraud for pension funds in the Kottayam Municipal Office.
According to officials, Akhil was arrested last August in August after embezzlement, arrested by the team Vigilance from Kollam. The investigation revealed that Akhil organized a system that cheated on the urban pension system by creating fraudulent documents to postpone the siphons of family pension funds. The originally investigated branch of the crime was subsequently transferred to VACB.
After the discovery of fraud, the city secretary filed a complaint with the police against Akhil, a former official of the pension department of the municipality. Akhil worked for four years in Kottayam. During this time, he embezzled the money every month. The fraud was committed by a transfer of 5 lacquers every month from 2020 to 2023.
Non -lethal funds were transferred to his mother’s bank account. Even after his transfer to Vaikom, Akhil continued to return to Kottayam to burn the scam.
The scope of fraud was revealed during the analysis of the annual accounts of the municipality, where significant inconsistencies in pension statements of pension staff were identified in pension statements. This anomaly prompted the city secretary to give a problem last year during the meeting of the municipal council.
Officials said that the fraudulent activities of the accused allowed him to carry out extravagant purchases, including three motorcycles and a car. He also gained 7 cents of land in Kollam. Investigation by the Vacb team revealed that he previously took a loan from the bank in Erattupetta and used embezzled funds to settle it.
In addition, he used four credit cards. The use of these credit cards also spent a huge amount. The team found that it used this fraudulent amount to pay for these card accounts.
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Published – August 28 2025 17:17
