The Vigilance and Anti-Corruption Bureau (VACB) on Friday arrested two persons in connection with a case of embezzlement of ₹14 crore from the Kerala State Lottery Agents and Sellers Welfare Fund Board, Vigilance officials said.
In a statement, the VACB said the arrested persons are Sangeeth K., a native of Attingal, and his friend Anilkumar, a contractor from Vazhuthacaud.
The VACB said the arrest was made in a case registered for widespread financial irregularities allegedly committed by Mr. Sangeeth, who was working on deputation as a lower division officer in the board, between 2014 and 2020.
According to the VACB, Mr. Sangeeth allegedly misappropriated the funds by misusing the cash book, records of office expenses and check books and forging documents.
“During his tenure as LDC from 2014 to 2020, he allegedly altered check amounts, forged signatures of senior officers and manipulated official registers to transfer money from board accounts to his own account and that of his friend Anilkumar,” the VACB statement said.
The VACB said its investigation revealed that the money siphoned off from the fraud was used to acquire assets and support real estate business activities.
Vigilance officials said they were probing whether more persons were involved in the case.
The VACB team also suspects that Mr. Sangeeth continued his fraudulent activities even after his tenure on the board ended.
Vigilance is probing whether any other board officials were involved in the embezzlement, the statement added.
Published – 16 Jan 2026 23:46 IST